Assignment 3

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Puevf158

Business Finance

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Read the word file and then write a brief conclusion recommendation from analysis data.

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Question: You are executives in a large U.S. publicly traded company with minor interests in international markets that corporate believe needs to be changed via major global expansion. Visit the homepage of Control Risks Group www.crg.com (Links to an external site.)Links to an external site.. After thoroughly familiarizing yourself with the services offered by CRG write a brief report to management describing how its services could possibly help with your global expansion into one specific country. Introduction As requested by corporate management, research has been conducted to determine the course of action the firm should pursue to implement major global expansion. During our examination, we found that Control Risks Group offers six different services that could assist with the global expansion of our publicly traded company. These services include creating a secure, compliant, and resilient organization; resolving critical issues and crises; delivering growth and opportunity; and applying technology solutions in support of investigative activity. A thorough investigation of their website disclosed the extensive aid CRG offers in each of these areas and how they can successfully assist with the global expansion of the company. Background In today’s global economy, companies of all sizes are establishing operations in foreign markets. This type of expansion can provide several advantages, including new markets, greater opportunities for market growth and diversification, access to talent, competitive advantages and foreign investment opportunities. According to the U.S. Small Business Administration, 96 percent of the world’s consumers live outside of America. For many companies, international expansion offers a chance to conquer new territories and reach more of these consumers, thus increasing sales. Many businesses expand internationally to diversify their assets, an action that Control Risks Group: Global Expansion Services 2 can protect a company’s bottom line against unforeseen events. Companies also can utilize international markets to introduce unique products and services, which can help maintain a positive revenue stream. Another top benefit of going global is the opportunity to access to new talent pools. In many cases, international labor can offer companies unique advantages in terms of increased productivity, advanced language skills, diverse educational backgrounds and more. Companies also choose international expansion to gain a competitive edge over their opponents. For example, businesses that expand in markets where their competitors do not operate often have a first-mover advantage, which allows them to build strong brand awareness with consumers before their competitors. Finally, companies considering international expansion shouldn’t forget about the additional investment opportunities that foreign markets can offer. For instance, many firms are able to develop new resources and forge important connections by operating in global markets. Control Risk Groups (CRG) has been identified as a potential partner to assist with our endeavor in major global expansion. According to Control Risk Groups (CRG) they have several services to access in the transition to international expansion. Services Offered by CRG Creating a Secure Organization – CRG focuses on the specific risks needs of an organization. CRG uses experience and expertise to determine the security needs of a company without putting the company at a security risk (CRG). Creating a Compliant Organization - Technology solutions and cybersecurity professionals work together to ensure an organization can see what is going on and has authority of their information. CRG works worldwide with CPA lawyers, fraud examiners, and law enforcement officer (CRG). Control Risks Group: Global Expansion Services 3 Creating a Resilient Organization- CRG focuses on having an organization confident in their abilities to handle any situation that may occur. When an organization faces disruptive and increasingly digital change, CRG global expertise and insights equips and an organization to anticipate, prepare, respond and recover (CRG). Resolving Critical Issues and Crises- For more than 40 years, CRG has addressed critical issues and responded to crises in almost 150 countries serving more than 5500 clients. CRP’s global specialists consist of crisis management, security consultants, investigators, protective agents, forensic accountants, and cyber incident responders (CRG). Delivering Growth and Opportunity - Through global investigation and analytical expertise, CRG can help businesses understand what new markets have to offer their organization and learn how to address problems that may arise in an unfamiliar market (CRG). Applying Technology Solutions- CRG has resources in 36 countries and nine international data centers. CRG experience and expertise in technology allows them to handle corruption, fraud, regulatory, and cyber breach (CRG). Analysis CRG provides a vast array of services to aid companies in global expansion efforts. Their “Risk Maps” feature includes country ratings from very low to extreme. These are available for use free of charge on their website to evaluate a country’s security, political, and terrorism risk. As seen in Figure 1, evaluating these three criteria from an array of 8 countries, Sweden returns the lowest risk to dedicate our expansion efforts towards. An additional wealth of knowledge is accessible from CRG through the purchase of their CORE and CORE+ plans which include economic and cyber risks and opportunities, country operational risk ratings, real-time risk monitoring, and access to a global team of experts. Retaining these supplementary services will Control Risks Group: Global Expansion Services 4 ensure that Sweden is the best choice and provide insight for future countries in which the company should expand to. Figure 1. Recommendation ( Brief conclusion recommendation from analysis data/table stating which country we should expand to, etc.) References Control Risk Groups.(n.d). Retrieved February 11, 2019, from https://ww.controlrisks.com/ Van Rossum, J. (2017, December 18). Retrieved February 12, 2019, from https://www.bizjournals.com/bizjournals/how-to/growth-strategies/2017/12/5-benefits-ofinternational-expansion.html
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Question: You are executives in a large U.S. publicly traded company with minor interests in
international markets that corporate believe needs to be changed via major global expansion.
Visit the homepage of Control Risks Group www.crg.com (Links to an external site.)Links to an
external site.. After thoroughly familiarizing yourself with the services offered by CRG write a
brief report to management describing how its services could possibly help with your global
expansion into one specific country.
Introduction
As requested by corporate management, research has been conducted to determine the
course of action the firm should pursue to implement major global expansion. During our
examination, we found that Control Risks Group offers six different services that could assist
with the global expansion of our publicly traded company. These services include creating a
secure, compliant, and resilient organization; resolving critical issues and crises; delivering
growth and opportunity; and applying technology solutions in support of investigative activity. A
thorough investigation of their website disclosed the extensive aid CRG offers in each of these
areas and how they can successfully assist with the global expansion of the company.
Background
In today’s global economy, companies of all sizes are establishing operations in foreign
markets. This type of expansion can provide several advantages, inclu...


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