Successful Domestic Company Goes Global

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Assignment 2: Successful Domestic Company Goes Global!
Due Week 6 and worth 280 points

Imagine that you are the CEO of a successful domestic company. In the last 6 months, many potential clients in foreign countries have expressed a desire to conduct business with you. You know that in order for your company to grow, you will have to expand overseas. You have recently attended a local three (3)-day international trade exposition and have gathered many brochures on the foreign companies interested in doing business with your company.

After meeting with the Executive Committee of your successful domestic company, you decide that you will need to identify a minimum of two (2) countries for expansion and two (2) expatriates whom you will send into the chosen countries. The selected expatriates will learn about the countries’ cultures and business activities there. You must prepare a report for the potential employees who may want to take an overseas assignment, the Executive Committee, and the Board of Directors.

Use the Internet and Strayer Library to research possible countries for expansion. Next, conduct research on leveraging expatriates over country nationals for business overseas. Finally, research books that could help expatriates in their transition to working overseas.

Note: You may create and / or assume all necessary assumptions needed for the completion of this assignment.

Write an eight to ten (8-10) page paper in which you:

  1. Create a guide to leveraging expatriates. The guide should include four to six (4-6) sources that address benefits and challenges of sending expatriates to other countries.
  2. Examine the major benefits that this report can provide for the organization, and suggest two (2) uses for the information contained therein. Justify your response.
  3. Analyze the major factors (e.g., distance, cultural background, knowledge of the related countries, languages spoken, relatives who may live in another country, etc.) that would influence your choice of countries into which your company would expand. Recommend two (2) countries for expansion. Provide a rationale for your response.
  4. Determine three (3) criteria that you would consider when deciding which employees to send abroad. Justify your response.
  5. Propose the major methods and / or incentives you would use in order to encourage the selected employees to become expatriates. Provide a rationale for your response.
  6. Recommend one (1) strategy to ensure that both the Executive Committee and the Board of Directors are committed to the expansions. Justify your response.
  7. Recommend two (2) books that the selected expatriates should take with them when they go overseas. Provide a rationale for your response.
  8. Outline a guide for expatriates who will reside within another country for one to two (1-2) years. The related guide should cover the following topics: selecting items to pack, accommodating a vehicle (i.e., leave behind or send overseas), shipping or selling furniture, moving pets, and arranging accommodations for children and / or family residing in another country for the discussed length of time.
  9. Develop a framework for your presentation. The framework should include the following:
    1. Relevant visuals
    2. Statistics that support the decision to expand into the identified countries
    3. A feasibility study of your company’s proposed expansion to the countries in question
    4. Information related to renting or buying land or a building
    5. Any other information relevant to the case for expansion
  10. Use at least four (4) quality academic resources in this assignment. Note: Wikipedia and other similar websites do not qualify 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:

  • Evaluate the implementation process related to strategy management.
  • Use technology and information resources to research issues in global management.
  • Write clearly and concisely about global management using proper writing mechanics.

Tutor Answer

peachblack
School: University of Virginia

Attached.

Running head: SUCCESSFUL DOMESTIC COMPANY GOES GLOBAL

Successful Domestic Company Goes Global
Student’s Name
Institutional Affiliation

SUCCESSFUL DOMESTIC COMPANY GOES GLOBAL

2

Successful Domestic Company Goes Global
Guide to leveraging expatriates
International trade is profitable, and many organization aims at expanding its business
into other countries. As a result, they need to get in-depth knowledge about the conditions and
culture of the business in a foreign country. The company has to send the expatriates to their
country of choice to ensure that they improve the knowledge in the local market, borrow
international company culture, and develop management skills (Kraimere et al., 2016). Learning
excellent management skills will benefit the company and allowance and enough benefits which
satisfy expatriates personally. On the contrary, they face a lot of challenges, such as the language
barrier and hardship that exist in a foreign country. However, companies do support them enough
to make them meet their objectives. As an organization, we have to expand our business
globally. As such, we have to choose two countries and two expatriates to be sent in those
countries to assess the situation for imminent business. The guide book will look at the benefits
and challenges of sending expatriates in other countries.
Benefits
Expatriates are people who can work to ensure that the general performance of the
company improves daily. They know much about the culture of the organization, including what
the organization requires to operate in other countries. When they are sent to other countries,
they will be able to learn a new culture that can benefit their organization for general
improvement (McNulty & Brewster, 2018). Borrowing of organizational culture is essential but
should be selective. Expatriates will only consider the culture that can work in their parent
organization and advise the managers to implement them.

SUCCESSFUL DOMESTIC COMPANY GOES GLOBAL

3

Also, expatriates can work to increase local control by the business. When the expatriates
are chosen to work in other countries, they will be able to grow business and financial control
(Ian, 2017). They will establish a financial and operational target that will lead to the
improvement of the business performance. All these are achievable since expatriates work to
ensure that the local partners in the country they work in follow policies and procedure set by
their parent organization. This will ensure that the two organizations or more work to meet a
common goal. When two organizations work together, they will have a combined force and share
the talent that will lead to a straightforward realization of the goals and objectives.
Expatriates also act as a motivating factor for the local employees. Most of the domestic
employee feel happy and motivated when they work under expats. Many of the employees will
try to emulate the expatriates to ensure that they reach the level where the expatriates have
reached. This will increase the level of output in the local organization, which is also beneficial.
Challenges
The expatriate can face some problems that can lead to the failure of the project. One,
they may face a political challenge where they cannot reform to the political demand of the host
country. Some host countries might have complicated procedures that might hinder partnership
with their companies (Zhang et al., 2018). As such, the expatriates will not be able to meet their
par...

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