Requirements GoTech is a Saudi company (located in Riyadh) that provides technical and digital solutions to other businesses and individuals. Its operation focuses mainly on the Saudi market, but recently it opened two offices in Egypt and Italy. Eng. Abdullah is the CEO, and there are three regional managers (in 3 different countries) and 30 employees working under their supervision.  Recently, Abdullah has been required to make vital decisions to keep GoTech running during many challenges, including new and existing competitors, rapid technology development, and Coronavirus pandemic. Consider yourself the CEO’s consultant who is required to help him put together a strategy so GoTech can not only survive but also thrive in the future.  To help you develop your Consultation Strategy Report, use the following points as a guide: Part 1  An      overview of GoTech company (0.5 marks) Description      of the type of management that GoTech follows. (1 mark) Description      of the challenges with that type of management. (1 mark) Communication       challenges Cultural       and political challenges  Description of the necessity for creating a virtual Risks Response Team based on Tuckman’s Team Life Cycle Model (see figure 1). (3 marks) Phases of team creation Criteria for choosing the team  Who are they, and why did you choose them? Description of GoTech resources (1 mark) Description of GoTech digital capabilities (2 marks) Description of the solutions (3 marks) Closing remarks/ conclusion (0.5 marks) Pros and cons of the virtual team Description      of the regional managers’ roles (2 marks) What qualities must they have as leaders?  How can they motivate themselves and their team?  What digital recourses can they use to manage the team? Part 2  Description      of challenges that loom over GoTech (1 mark) Existing challenges/ disasters Potential challenges/ disasters What are the digital and financial resources? How can these resources be utilized? Existing capabilities that can be strengthened  Needed capabilities that must be invested in Immediate solutions (based on points 4, 6, 7, & 8) Future solutions (based on points 5, 6,7, & 8) Figure 1 Bruce Tuchman’s Team Life Cycle Model (Personio, 2021)

500 words is sufficient, please use credible references. Over the past two decades, the economy has increasingly become global in nature. Companies have consistently been able to generate more income from overseas operations. If fact, companies such as General Electric, 3M, and Caterpillar are earning more than half of their annual revenues from overseas operations.For this Discussion, imagine the following scenario:You are the director of new business development for your company, and your vice president wants to expand into new markets overseas. Your company's core competency is in the area of constructing, staffing, and operating customer call centers. Your VP reasons that since the cost of labor is cheaper overseas, the company will automatically generate a higher rate of return by investing overseas.By Day 3Post your reactions to the following questions and concerns:What is your reaction to the vice president's premise? True? False? Why? Is it really that simple?Describe other types of risk that play a role in making such a decision to expand internationally.Should you always assume that foreign projects need to generate higher returns when compared with equivalent projects in the U.S.? Why or why not?Be sure to support your arguments from the readings and outside research.