You are a business analyst working at a small domestic organization that produces high-quality baseball bats. Your organizati
I need a project completed on the attached template based on this scenario.
This is due by 2/11
Scenario
You are a business analyst working at a small domestic organization that produces high-quality baseball bats. Your organization has begun to see its sales flatten in the domestic market. While the organization is not losing money, leadership would like to explore options to continue to grow. One option that leadership has noticed competitors attempting is entering international markets.
You have been asked to examine the benefits, drawbacks, and key considerations for your organization to enter one of the global markets below, and to summarize your findings in a business brief for leadership.
Select one of the following international markets to use for your course project:
Canada
If you would like to use another country for your course project, please reach out to your instructor.
Prompt
In this milestone, you will complete Section One of the Business Brief Template (located in the Guidelines for Submission section of this document).
Drivers for Global Entry: Develop the first section of the Business Brief Template that explains the purpose of global expansion, business impacts of global business, societal impacts of global business, and cultural considerations using evidence from course and outside resources to support your explanations. Make sure to use evidence from course resources to support your responses.
Specifically, you must address the following rubric criteria:
- Country Selection: State the country you have selected to use for your course project.
- Purpose of Global Expansion: Explain key benefits of successful global expansion for domestic organizations.
- Business Impacts of Global Business: Explain how the global expansion of a domestic organization can impact business operations such as strategic planning, marketing, supply-chain management, human resources, and so on.
- Societal Impacts of Global Business: Explain how the global expansion of organizations has impacted society, citing specific examples regarding culture, transportation, employment, infrastructure, and environmental climate.
- Cultural Considerations for Global Business: Explain the importance of researching the culture of a potential global market prior to market entry, as well as key cultural considerations to explore to inform expansion decisions.
Guidelines for Submission Submit Section One: Drivers for Global Entry of this template as a 350- to 500-word Word document. Sources should be cited according to APA style.
INT 220 Business Brief Template Course Project
Complete this template by replacing the bracketed text with the relevant information.
Overview
[Summarize the business problem, country selected, and intended audience for this business brief. Make sure to use complete sentences.]
Section One: Drivers for Global Entry
[Explain the purpose of global expansion, the business and societal impacts of global business, and cultural considerations for global business. Use evidence from course and outside resources to support your explanations, and use complete sentences.]
Section Two: Market Profile
Complete the tables below to use data and statistics to support your comparisons. Words, phrases, and numbers should be used to complete the tables, not complete sentences.
Cultural Profile
Category |
United States |
[Insert Country Selection From Course Project] |
Commonly Spoken Languages |
[Insert information.] |
[Insert information.] |
Commonly Practiced Religions |
[Insert information.] |
[Insert information.] |
Power Distance Index (PDI) |
[Insert information.] |
[Insert information.] |
Individualism Versus Collectivism (IDV) |
[Insert information.] |
[Insert information.] |
Masculinity Versus Femininity (MAS) |
[Insert information.] |
[Insert information.] |
Uncertainty Avoidance Index (UAI) |
[Insert information.] |
[Insert information.] |
Long-Term Orientation Versus Short-Term Normative Orientation (LTO) |
[Insert information.] |
[Insert information.] |
Indulgence Versus Restraint (IVR) |
[Insert information.] |
[Insert information.] |
Political and Economic Profile
Category |
United States |
[Insert Country Selection From Course Project] |
Political System |
[Insert information.] |
[Insert information.] |
Current Leaders |
[Insert information.] |
[Insert information.] |
Economic Classification |
[Insert information.] |
[Insert information.] |
Economic Blocs Impacting Trade |
[Insert information.] |
[Insert information.] |
Gross Domestic Product |
[Insert information.] |
[Insert information.] |
Purchasing Power Parity |
[Insert information.] |
[Insert information.] |
Gross Domestic Product Per Capita |
[Insert information.] |
[Insert information.] |
Human Development Index |
[Insert information.] |
[Insert information.] |
Gender Development Index |
[Insert information.] |
[Insert information.] |
Gender Empowerment Measure |
[Insert information.] |
[Insert information.] |
Human Poverty Index |
[Insert information.] |
[Insert information.] |
[Compare and contrast important political and economic factors for your selected market against those in the domestic market, including political systems, current leaders, and economic measures or characteristics used in classification.]
Section Three: Market Considerations
Complete the table below to support your explanations using current exchange rates.
Exchange Rates
Category |
The U.S. Dollar |
[Insert Country Selection From Course Project’s Currency] |
Exchange Rate |
[Insert information.] |
[Insert information.] |
Legal and Regulatory Considerations
[Compare and contrast important market considerations for your selected market against those in the domestic market. Explain the similarities, differences, and considerations for conducting business between the two markets, such as general legal and regulatory requirements, monetary and management logistics, and mode-of-entry considerations.]
References
[Include any references you cited according to APA format.]
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