Foreign Market by A Major Existing Company
Order ID:89JHGSJE83839 Style:APA/MLA/Harvard/Chicago Pages:5-10 Instructions:
Foreign Market by A Major Existing Company
Assume that you are a consultant who has been hired by a major existing company of your choice to assist it in expanding its global operations. Options available to you range from foreign direct investment (FDI) to simple exporting to a joint venture. Your task is to select a country of your choice, other than the USA, and examine the country’s culture, politics, laws, ethics, and economics. For each of these topics, provide a supported example of the manner in which the topic in question will contribute positively or negatively to the country and its people, as well as to the company and its operations. Note: Avoid expressing personal opinions of the market.
Note: Use the Internet or the Library to research articles on the company and the economic, cultural, and political / legal aspects of the country that you selected.
Write a six to eight (6-8) page paper in which you:
1. Briefly describe the company and industry of your choice that you work for in your assumed role of consultant. Next, based on your research, select the country to which you would like your company to expand. Provide a rationale for your selection of the country in question.
2. Determine the key institutional constraints that must be considered. Next, analyze whether or not the institutional constraints you determined support the market entry into the new country that you selected.
3. Conduct a VRIO (Value, Rarity, Imitability, Organization) analysis to determine whether or not conditions support the proposed market entry.
4. Analyze the major cultural and political aspects of the international business environment. Next, suggest one (1) strategic action that the company should take in order to address the associated cultural and political issues. Provide a rationale for the response.
5. Determine the option (e.g., exporting, joint venture, FDI) that you believe the company should pursue. Provide a rationale for the response.
6. Determine three (3) major difficulties that may occur based on the option you selected in Question 5. Next, suggest the best strategy that the company should leverage in order to confront each major difficulty, should it arise. Justify the response.
7. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.
Your assignment must follow these formatting requirements:
•Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
•Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.The specific course learning outcomes associated with this assignment are:
•Assess the current trends and impact of globalization on labor, business operations, and government.
•Analyze the major economic, cultural, and political / legal aspects of the international business environment, including the economic dynamics of foreign trade, regional and global trade integration, and key cultural dimensions.
•Apply the concepts of value creation / value chain and formulate competitive market entry strategies that leverage the advantages of international operations.
•Use technology and information resources to research issues in the international business environment.
•Write clearly and concisely about the international business environment using proper writing mechanics.Foreign Market by A Major Existing Company
RUBRIC
Excellent Quality
95-100%
Introduction 45-41 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Literature Support
91-84 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Methodology
58-53 points
Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score
50-85%
40-38 points
More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.
83-76 points
Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.
52-49 points
Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality
0-45%
37-1 points
The background and/or significance are missing. No search history information is provided.
75-1 points
Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.
48-1 points
There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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