1-2 Discussion: SWOT Analysis

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Xhzzvr108

Economics

Description

For this activity, use the SWOT analysis framework to begin evaluating which location (Russia or South Korea) would be best suited for an international expansion of one of the organizations listed in your final project document. Use the SWOT analysis to consider possible strengths, weaknesses, opportunities, and threats associated with an international expansion to South Korea and Russia, and compare the results of each country’s suitability for potential international expansion.


For this discussion, provide the following for each country (Russia and South Korea) relative to the product or service of the organization you will select:

  • Describe at least two weaknesses or threats that could impact the expansion’s success.
  • Include at least one cross-cultural challenge of conducting business in this region.
  • Briefly discuss a potential ethical issue you could encounter and what type of contract(s) may be needed to address this issue.

In your response posts, compare and contrast the findings of your SWOT analysis with those of your peers. Offer additional strengths, weaknesses, opportunities, and threats that may apply in their situation.

Refer to the Discussion Rubric for directions on completing these discussions.

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Explanation & Answer

Kindly find attached the SWOT analysis. Let me know if you need further clarification. Cheers

Running head: SWOT ANALYSIS

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SWOT analysis
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SWOT ANALYSIS

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SWOT analysis

When businesses want to venture into foreign markets, they have to ensure that their
products meet the demands of the customers. A product should have all the features required t o
ensure that it becomes acceptable to the market. The Russian and the South Korean markets have
some differences and there is the need to understand the challenges that a product will face
gaining acceptanc...


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