International Business Practices 4

Sep 9th, 2014
Steve1995
Category:
Business & Finance
Price: $20 USD

Question description

1,500 to 1,800 words

A regional bank has decided to open an office overseas for serving those businesses that are expanding internationally. Choose a country with a large financial center that you believe would be helpful to your customer base.

  • Discuss some of the challenges you may face in this new environment. 
    • What are the cultural, ethnic, social, and educational characteristics?
  • Describe the political and legal systems.
  • How much does the government intervene in the private sector? 
    • How will that affect your financial institution?
  • What type of economic system does it have? 
    • What is the history of that economic system?
  • How is the country involved in international trade? 
    • How does the government get involved in trade issues?
    • Will that help or hurt your financial institution?
  • Will your presence in this country be helpful in your attempts to invest in other developing countries?
  • Is this country involved in any regional integration efforts? How so?
  • Why did you choose this location for your bank?
  • As a manager, what would be your overall assessment about whether you want to pursue opening an office there? 
    • Are the financial risks worth taking?
    • Will it be beneficial to all of the stakeholders?
    • If you decide to pursue this, what type of presence do you think would be best suited to your objectives?

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(Top Tutor) Daniel C.
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