Assignment 1: Expansion into a Foreign Market,Part I

Apr 19th, 2015
Anonymous
Category:
Accounting
Price: $50 USD

Question description

Assignment 1: Expansion into a Foreign Market,Part I


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 ( CHOICE OF COUNTRY : BRAZIL ) AND IT MUST Public trading companies . 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.

Write a six  pages 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 (ANY COUNTRY OF YOUR CHOICE). 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 (6) 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.

RUBICS


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.

Points Range:0 (0%) - 17.7 (5.9%)

Did not submit or incompletely briefly described the company and industry of your choice that you work for in your assumed role of consultant. Did not submit or incompletely selected the country to which you would like your company to expand. Did not submit or incompletely provided a rationale for your selection of the country in question.

Points Range:18 (6%) - 20.7 (6.9%)

Insufficiently briefly described the company and industry of your choice that you work for in your assumed role of consultant. Insufficiently selected the country to which you would like your company to expand. Insufficiently provided a rationale for your selection of the country in question.

Points Range:21 (7%) - 23.7 (7.9%)

Partially briefly described the company and industry of your choice that you work for in your assumed role of consultant. Partially selected the country to which you would like your company to expand. Partially provided a rationale for your selection of the country in question.

Points Range:24 (8%) - 26.7 (8.9%)

Satisfactorily briefly described the company and industry of your choice that you work for in your assumed role of consultant. Satisfactorily selected the country to which you would like your company to expand. Satisfactorily provided a rationale for your selection of the country in question.

Points Range:27 (9%) - 30 (10%)

Thoroughly briefly described the company and industry of your choice that you work for in your assumed role of consultant. Thoroughly selected the country to which you would like your company to expand. Thoroughly provided a rationale for your selection of the country in question.

ITB305-A1-2
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.

Points Range:0 (0%) - 26.55 (8.85%)

Did not submit or incompletely determined the key institutional constraints that must be considered. Did not submit or incompletely analyzed whether or not the institutional constraints you determined support the market entry into the new country that you selected.

Points Range:27 (9%) - 31.05 (10.35%)

Insufficiently determined the key institutional constraints that must be considered. Insufficiently analyzed whether or not the institutional constraints you determined support the market entry into the new country that you selected.

Points Range:31.5 (10.5%) - 35.55 (11.85%)

Partially determined the key institutional constraints that must be considered. Partially analyzed whether or not the institutional constraints you determined support the market entry into the new country that you selected.

Points Range:36 (12%) - 40.05 (13.35%)

Satisfactorily determined the key institutional constraints that must be considered. Satisfactorily analyzed whether or not the institutional constraints you determined support the market entry into the new country that you selected.

Points Range:40.5 (13.5%) - 45 (15%)

Thoroughly determined the key institutional constraints that must be considered. Thoroughly analyzed whether or not the institutional constraints you determined support the market entry into the new country that you selected.

ITB305-A1-3
3. Conduct a VRIO (Value, Rarity, Imitability, Organization) analysis to determine whether or not conditions support the proposed market entry.

Points Range:0 (0%) - 17.7 (5.9%)

Did not submit or incompletely conducted a VRIO (Value, Rarity, Imitability, Organization) analysis to determine whether or not conditions support the proposed market entry.

Points Range:18 (6%) - 20.7 (6.9%)

Insufficiently conducted a VRIO (Value, Rarity, Imitability, Organization) analysis to determine whether or not conditions support the proposed market entry.

Points Range:21 (7%) - 23.7 (7.9%)

Partially conducted a VRIO (Value, Rarity, Imitability, Organization) analysis to determine whether or not conditions support the proposed market entry.

Points Range:24 (8%) - 26.7 (8.9%)

Satisfactorily conducted a VRIO (Value, Rarity, Imitability, Organization) analysis to determine whether or not conditions support the proposed market entry.

Points Range:27 (9%) - 30 (10%)

Thoroughly conducted a VRIO (Value, Rarity, Imitability, Organization) analysis to determine whether or not conditions support the proposed market entry.

ITB305-A1-4
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.

Points Range:0 (0%) - 26.55 (8.85%)

Did not submit or incompletely analyzed the major cultural and political aspects of the international business environment. Did not submit or incompletely suggested one (1) strategic action that the company should take in order to address the associated cultural and political issues. Did not submit or incompletely provided a rationale for the response.

Points Range:27 (9%) - 31.05 (10.35%)

Insufficiently analyzed the major cultural and political aspects of the international business environment. Insufficiently suggested one (1) strategic action that the company should take in order to address the associated cultural and political issues. Insufficiently provided a rationale for the response.

Points Range:31.5 (10.5%) - 35.55 (11.85%)

Partially analyzed the major cultural and political aspects of the international business environment. Partially suggested one (1) strategic action that the company should take in order to address the associated cultural and political issues. Partially provided a rationale for the response.

Points Range:36 (12%) - 40.05 (13.35%)

Satisfactorily analyzed the major cultural and political aspects of the international business environment. Satisfactorily suggested one (1) strategic action that the company should take in order to address the associated cultural and political issues. Satisfactorily provided a rationale for the response.

Points Range:40.5 (13.5%) - 45 (15%)

Thoroughly analyzed the major cultural and political aspects of the international business environment. Thoroughly suggested one (1) strategic action that the company should take in order to address the associated cultural and political issues. Thoroughly provided a rationale for the response.

ITB305-A1-5
5. Determine the option (e.g., exporting, joint venture, FDI) that you believe the company should pursue. Provide a rationale for the response.

Points Range:0 (0%) - 17.7 (5.9%)

Did not submit or incompletely determined the option (e.g., exporting, joint venture, FDI) that you believe the company should pursue. Did not submit or incompletely provided a rationale for the response.

Points Range:18 (6%) - 20.7 (6.9%)

Insufficiently determined the option (e.g., exporting, joint venture, FDI) that you believe the company should pursue. Insufficiently provided a rationale for the response.

Points Range:21 (7%) - 23.7 (7.9%)

Partially determined the option (e.g., exporting, joint venture, FDI) that you believe the company should pursue. Partially provided a rationale for the response.

Points Range:24 (8%) - 26.7 (8.9%)

Satisfactorily determined the option (e.g., exporting, joint venture, FDI) that you believe the company should pursue. Satisfactorily provided a rationale for the response.

Points Range:27 (9%) - 30 (10%)

Thoroughly determined the option (e.g., exporting, joint venture, FDI) that you believe the company should pursue. Thoroughly provided a rationale for the response.

ITB305-A1-6
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.

Points Range:0 (0%) - 26.55 (8.85%)

Did not submit or incompletely determined three (3) major difficulties that may occur based on the option you selected in Question 5. Did not submit or incompletely suggested the best strategy that the company should leverage in order to confront each major difficulty, should it arise. Did not submit or incompletely justified the response.

Points Range:27 (9%) - 31.05 (10.35%)

Insufficiently determined three (3) major difficulties that may occur based on the option you selected in Question 5. Insufficiently suggested the best strategy that the company should leverage in order to confront each major difficulty, should it arise. Insufficiently justified the response.

Points Range:31.5 (10.5%) - 35.55 (11.85%)

Partially determined three (3) major difficulties that may occur based on the option you selected in Question 5. Partially suggested the best strategy that the company should leverage in order to confront each major difficulty, should it arise. Partially justified the response.

Points Range:36 (12%) - 40.05 (13.35%)

Satisfactorily determined three (3) major difficulties that may occur based on the option you selected in Question 5. Satisfactorily suggested the best strategy that the company should leverage in order to confront each major difficulty, should it arise. Satisfactorily justified the response.

Points Range:40.5 (13.5%) - 45 (15%)

Thoroughly determined three (3) major difficulties that may occur based on the option you selected in Question 5. Thoroughly suggested the best strategy that the company should leverage in order to confront each major difficulty, should it arise. Thoroughly justified the response.

ITB305-A1-7
7. 3 references

Points Range:0 (0%) - 8.85 (2.95%)

No references provided

Points Range:9 (3%) - 10.35 (3.45%)

Does not meet the required number of references; all references poor quality choices.

Points Range:10.5 (3.5%) - 11.85 (3.95%)

Meets the required number of references; some or all references poor quality choices.

Points Range:12 (4%) - 13.35 (4.45%)

Meets number of required references; all references high quality choices.

Points Range:13.5 (4.5%) - 15 (5%)

Exceeds number of required references; all references high quality choices.


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