Question
Your job in this final project paper is to identify a company that needs to expand to continue its growth and to create a global
Your job in this final project paper is to identify a company that needs to expand to continue its growth and to create a global strategic plan for the company. A couple of examples are Tesla Motors and Googles driverless cars. Tesla Motors is a relatively new corporation specializing in electric cars and energy innovation. Up to 2016, Tesla has been primarily a U.S. corporation but is beginning to expand globally to continue its growth. Google has a worldwide presence but is in the process of developing a driverless car and will need a plan to go global with it. Your plan will be directed to your selected companys board of directors. Please follow the outline below: Introduction: Provide the board of directors with an introduction to your plan. Company/organization: Provide a brief synopsis of your selected company/organization. Environmental elements: Discuss the environmental elements that are important to the company and why they are important. Include, as appropriate, elements such as demographics, economic, political/legal, sociocultural, technological, global, and physical aspects. Strategic business relationships and the competitive environment: Discuss any strategic business relationships and competitive environment elements that could affect and influence your global strategy. Mergers and acquisitions: What mergers or acquisitions should be considered as a part of your proposed global strategy? Corporate governance and cooperative relationships: What type of corporate governance must be established in order to facilitate the challenges of cooperative relationships like alliances and trading partners? Leadership and controls: Describe the leadership you will need to provide effective organizational and financial controls. Entrepreneurship and innovation: Explain how you will stimulate entrepreneurship and innovation as a part of your effective global strategic management. Summary: Provide a few concluding paragraphs that summarize your global strategic plan.
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