In this assignment, you will make recommendations about destination countries for global expansion. Make these recommendations based on your examination o
Overview
In this assignment, you will make recommendations about destination countries for global expansion. Make these recommendations based on your examination of political and economic systems and the culture in destination countries and how these factors influence the success of a company's global expansion.
Continue to research the industry and the three major international competitors you selected in the Week 3 activity this research will prepare you for the activities and assignments throughout the course. Focus on the companies' experiences in global expansion related to destination countries' political and economic environments and the companies' ability to adapt to local cultures.
Scenario
Assume the role of strategic global manager in a company that operates within the same industry you have researched. In your management role, prepare a presentation for the company's board of directors to help them decide the best destination countries for global expansion.
PowerPoint Formatting Instructions
- Develop a Professional Board of Directors PowerPoint presentation.
- Include six to seven slides that contain the content required in the instructions.
- Include a title slide with the title of the assignment, the student's name, the professor's name, the course title, and the date of submission (Not included in the six to seven slides).
- Include a reference list with a minimum of 3 required quality academic resources on the last slide using the Strayer Writing Standards. (Not included in the six to seven slides).
- Cite each source listed on your source page at least one time within your assignment.
- Include citations for your references as necessary in both areas.
- Develop clear and concise speaker notes for each slide.
- For each slide in your presentation, use the slide for bulleted main points and provide more thorough explanations in the speaker notes area.
- Provide a consistent visual theme throughout each of the slides.
- Use font styles, sizes, and colors that are easy to see and formatting that makes the slides easy to read, PowerPoint/Slideshow Checklist.
Content Instructions
Why Go Global?
- Explain why your company should expand globally.
- Convince the board of directors that global expansion will pay off for the company, using examples of the benefits the company will receive.
- Rely on your course reading and research into actual companies within the industry.
Where To Go Global? Political and Economic Concerns.
- Explain the political and economic issues a company should prepare for when expanding to a foreign country based on past experiences of countries in the industry.
- Research past and current company experiences in different countries in the industry you selected to discover examples of companies meeting political and economic challenges in the countries.
- Describe barriers faced by each company as they operate in different economic and political systems.
Where To Go Global? Cultural Considerations.
- Evaluate how a destination country's cultural characteristics will affect the business activities of a company there.
Recommendations.
- Recommend two preferred destination countries and two undesirable destination countries based on their political, economic, and cultural characteristics.
- Refer to the IFE and EFE matrices completed in Week 3 for guidance.
- It may be best to divide this into two slides, one for preferred countries and one for undesirable countries.
- This information will be used to develop your training manual in the Week 7 assignment.
- Refer to the IFE and EFE matrices completed in Week 3 for guidance.
- Use at least three quality resources in this assignment. Choose sources that are credible, relevant, and appropriate. Note: Wikipedia and similar websites do not qualify as quality resources.
This course requires the use of Strayer Writing Standards. Pay special attention to the SWS PowerPoint/Slideshow Checklist. The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
The specific course learning outcomes associated with this assignment are:
- Analyze the management challenges in diverse economic and political systems to identify destinations for global expansion.
- Recommend effective leadership and management practices for managers in international and global organizations operating in diverse cultures.
Optional Resources
- The U.S. Department of State's List of Countries and AreasLinks to an external site.. This webpage allows you to look up country names, from which you can view a Fact Sheet about the country, including information about the country's Bilateral Economic Relations. This information may provide insight into the country as an environment for global expansion.
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