Anonymous
timer Asked: Apr 26th, 2020

Question Description

Here is my Formal report, but it’s not done yet. I want it to be as a rough draft.

Other instructions are in the assignment file, just complete the report, that’s it!!

I attached the outline as well to help you

Make sure that it’s 8 pages, single space as instructions said

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Expansion Formal Business Report Assignment Assume you work for an independent consulting firm that offers research service for its corporate clients. Your team has been assigned to conduct a research project for an American company (You, as a team, can choose a company as your client). This company’s CEO is interested in exploring the possibility of expanding the company’s business/operations internationally. This business expansion initiative is at the very early stage and the company counts on your extensive research efforts to find out the right direction. The CEO of your client company asks your team to prepare an extensive formal business report to examine businessinfluencing factors in three countries (You, as a team, can choose which countries you would like to investigate) to determine which country (select one based on your research) would be the best option for the company to venture its business. Your primary audience would be the CEO and secondary audience would be the company’s Strategic Planning Committee. In your formal business report, you should focus on business-influencing factors that are relevant to the client company’s business. In broad sense, those factors could fall into the categories of economic environment, political environment, cultural and social environment, and technological environment, such as market demand, competition, infrastructure, tax incentives, etc. Here are a few topics to consider: class structure, religion, family life, value systems, business/ economic institutions, political system, etc. You are expected to read intensively and extensively from databases listed under “Global Business Research Guide” on WVU Libraries’ web site. You are also encouraged to include relevant business documents, such as company’s annual report, as your sources. Report Requirements A. Write an Analytical Formal Business Report as a team. B. Employ the Direct Strategy to disclose information and then elaborate on analysis. C. Follow standard manuscript format. D. Use APA Style to prepare in-text citations and the reference page. • A minimum of 8 sources are required E. Include appropriate graphics as needed (charts, graphs, campaign ads) F. Conform to the writing assignment requirements as stated in the syllabus: • Spacing: Single-spaced; use blank lines for spacing • Font: Times New Roman or Calibri • Size: 12, except when appropriate for headings • Margins: standard format (1.25 inch left; 1 inch right) G. Compose your formal business report in a length of 8-10 pages, single-spaced, excluding: table of contents, references, and appendix. H. Follow the timeline listed on the syllabus for submitting various drafts: • Outline: 4/14 • Draft: 4/25 • Final: 5/1 I. Designate one team member to submit all work. Date 4/07 04/09 4/14 4/16 4/21 4/23 Discussion Assignment Discuss Formal Report Chapter 10 APA/ Research Lecture Outline Work in Groups Business Presentation Lecture Ch. 12 Peer Review Peer Review (Need something for peers to review) Work Day/ Presentation Prep 4/25 4/28- 5/8 5/1 5/1 Points 5 5 Draft 10 Final Formal Report Group Evaluation 80 Presentations 10 Outline FRONT MATTERS I. Title Page NAME OF REPORT Presented to: Name, Title, & Organization Prepared by: Names & Company II. Table of Contents Should also include a list of figures (charts, graphs, photos) III. Summary A. Purpose B. Background C. Conclusions D. Recommendations INTRODUCTION I. Introduction A. Background- Explain the events leading up to the problem/need B. Purpose- What is the problem or need? C. Significance- Why is this important? Who else wants to know? D. Scope- What are the boundaries of the report? E. Organization- Road map/ structure of the report F. Authorization- Who asked for the report? Who is the intended audience? G. Literature Review- Summarize other publications on this topic H. Sources- Describe the types of sources you used I. Key Terms (if needed) BODY- FINDINGS & ANALYSIS I. About Your Business A. Mission B. Functions C. Size D. Products/ Services II. Findings A. Country Information/ History 1. Culture/ Politics/ Government 2. Economy 3. Analysis of Factors a. Issue 1 b. Issue 2 c. Issue 3 B. Country Two Information/ History 1. Culture/ Politics/ Government 2. Economy 3. Analysis of Factors a. Issue 1 b. Issue 2 c. Issue 3 A. Country Three Information/ History 1. Culture/ Politics/ Government 2. Economy 3. Analysis of Factors a. Issue 1 b. Issue 2 c. Issue 3 III. Conclusions & Recommendations A. Selected Country 1. Conclusions 2. Recommendations BACK MATTERS I. References Use APA format II. Appendixes Tables/ Graphics/ Forms/ Related Correspondence ** Use Figure 10.19 as a reference for formatting** Formal Report Grading Rubric Total Points Possible: 80 Report effectively provides sufficient, detailed, realistic, and convincing information and argument. ____/16 Quality and depth of knowledge: evidenced through integration of primary and secondary data. ____/16 Report is designed in compliance with the guidelines for appearance, organization, and required sections. ____/16 Professional tone and language used throughout to appropriately address readers’ needs and expectations. ___/8 Appropriate citation of all sources (both in-text and in a References page) using APA style. ____/8 Report is aesthetically pleasing and meets appropriate design criteria; includes appropriate original graphic(s) and other graphics as needed. ___/8 Adherence to standard business writing conventions (grammar, spelling). __/8 Final Grade: _____/80 Points 80 72-79 64-71 56-63 48-55 40-47 0-39 Percentage 100% 90% + 80% + 70% + 60% + 50% + <50% Quality of Work Outstanding Good Satisfactory Needs Improvement Poor Unsatisfactory Non-Existent Informal Report Presentation Grading Rubric Total points possible: 30 Introduction ______/3 -Had a creative and effective attention getter ___ - Had a clear credibility statement___ - Had a clear preview ____ - Included information not necessary for an introduction ___ Other: Body ____/15 - Stated clear main points ___ - Organized the information in a clear/effective manner___ - Each main point tied was fully supported___ - Used transitions or internal summaries between each point __ - Cited sources ___ Other: Conclusion- ___/2 - Effectively summarized the main points ___ - Provided closure with a strong ending statement ___ Other: Delivery ___/10 - Limited distracting mannerisms (i.e. swaying, tapping/leaning on podium, too many gestures, nonverbals are distracting, etc., etc., etc.) ___ - Personal eye contact___ - Over reliance on notes ___ - Did not use filler words such as “um,” “uh,” “like,” “you know,” etc. ___ - Effective delivery of visual aid ____ - Effective preparation and choice of visual aid ____ - Handout for class enhanced presentation and synthesized key points. Other: Outline INTRODUCTION I. Introduction A. Background Today, many companies intend to expand their businesses to external markets across the international sphere. However, taking a business abroad demands a wide range of considerations to ensure that the decision being made is accurate so as to minimize on costs. Starting business in any country means that the organization intends to take risks. Therefore, various factors should be considered before making the decision. B. Purpose The purpose of this report is to analyze various factors within specific countries and determine which country is best to start business. C. Significance The findings of the report will help a long way in helping the company’s CEO to make the best decision regarding the country to invest on. D. Scope The report will focus on factors affecting business in China, Japan and India since those are the three countries in Asia identified by the company. E. Organization The report shall be organized as follows; the report begins with a table of contents, then a summary of the findings of the three countries under review. The findings section shall present some of the factors affecting business decisions in those countries. Finally, the paper shall present a conclusion and a recommendation identifying the selected country. F. Authorization The report was requested by the CEO of Walmart company, a united states’ based technology firm that intends to expand. The target audience of this report is the board of management of the organization that will review its findings and come up with a decision on the same. G. Literature Review Various studies have been conducted on the topic of factors affecting business in various countries. In a study by Mcathy, the top five major factors considered by companies when selecting locations include costs, infrastructure, labor characteristics, government and political factors and economic factors. Other scholars have identified other sub factors within the businesses. These factors play a bigger part in determining what options are considered in selecting locations to start businesses. Other factors include accessibility of the place, visibility and others. These factors have direct implications on major policy decisions to be made in business. H. Sources Ahlstrom, D., & Ding, Z. (2014). Entrepreneurship in China: an overview. International Small Business Journal, 32(6), 610-618. This article gives an overview on the nature of business in China and gives an analysis on some of the things that can be considered when setting up business in the country. The article will be useful in identifying some of the ways to conduct business in the country. Shapiro, J. (2016). China's environmental challenges. John Wiley & Sons. This article on the environmental challenges of china explain the business environment of the country. From the article, we will acquire adequate information on the business environment of the country then compare it with those of India and japan. Gupta, S., & Bhaskar, A. U. (2016). Doing business in India: cross-cultural issues in managing human resources. Cross Cultural & Strategic Management. In the article, Gupta explains how cross cultural issues can be an effect on starting business in the country and explains how this factors are evident in the country. The article is important in determining cultural factors and other factors affecting business in India. The findings of the article will be used in comparing its factors with those of the other countries. Norbury, P. (Ed.). (2019). Business In Japan: a Guide To Japanese Business Practice And Procedure--Fully Revised Edition. Routledge. The book by Norbury offers all relevant information on factors of starting business in Japan. In the book, we can see the economic, cultural and other factors that could affect business in Japan. Richardson, D. A., de Leeuw, S., & Dullaert, W. (2016). Factors affecting global inventory prepositioning locations in humanitarian operations—a delphi study. Journal of Business Logistics, 37(1), 59-74. This case study explores factors affecting location decisions of various business. The findings will be used in understanding the factors that the business could consider in starting business. BODY- FINDINGS & ANALYSIS I. Business description The business that intends to expand to an external business is Walmart. Walmart Inc.'s corporate mission is “to save people money so they can live better.” The company is one of the largest retailers in the world in terms of revenues and number of employees. Wal-Mart has the best and the most convenient store locations which its competitors find difficult to beat. As Walmart's most extensively developed retail brand, covering hundreds of household consumable items, the Great Value line includes sliced bread, frozen vegetables, frozen dinners, canned foods, light bulbs, trash bags, buttermilk biscuits, cinnamon rolls, pies, and many other traditional grocery store product. II. Findings A. India 1. Culture/ Politics/ Government - Political culture of India is mixed of traditional Hinduism culture and western liberal democracy 2. Economy- The country’s economy is stable and has recorded a tremendous growth over the past few years. It is the world’s fifth largest economy hence worth considering for business. 3. Analysis of Factors a. Large population- India has a large population making it have a bigger market. b. Huge costs of setting up businesses c. Bottlenecks in infrastructural and other social amenities connectivity e.g electricity connection takes longer. B. Japan 1. The country utilizes a constitutional/democratic leadership. The dividing values that separate the Japanese electorate are issues regarding national security and the Constitution, while issues involving economic growth and wealth distribution are of secondary importance. 2. Japan’s economy is a highly developed free market economy and is ranked the third in the world. 3. Analysis of Factors a. High costs of setting up a plant. b. Huge taxation rates c. cultural complexities A. China 1. It is a communist country with a stable political climate. However, it is multicultural hence the need to understand it well. 2. China’s economy is fast-rising and has been projected to overtake the US and become the world’s biggest economy. 3. Analysis of Factors a. First, the size of the market within the country is appalling. b. Low cost of labor c. Huge potential for future growth III. Conclusions & Recommendations A. China 1. China would be the most appropriate company to establish business because the company has proven to be growing and has a promising future. Besides, most factors identified make it easier to do business in the country. 2. Recommendations-The report recommends the company to invest in this country since it serves as a hub of economic growth and has customers who want to utilize our products. Outline INTRODUCTION I. Introduction A. Background Today, many companies intend to expand their businesses to external markets across the international sphere. However, taking a business abroad demands a wide range of considerations to ensure that the decision being made is accurate so as to minimize on costs. Starting business in any country means that the organization intends to take risks. Therefore, various factors should be considered before making the decision. B. Purpose The purpose of this report is to analyze various factors within specific countries and determine which country is best to start business. C. Significance The findings of the report will help a long way in helping the company’s CEO to make the best decision regarding the country to invest on. D. Scope The report will focus on factors affecting business in China, Japan and India since those are the three countries in Asia identified by the company. E. Organization The report shall be organized as follows; the report begins with a table of contents, then a summary of the findings of the three countries under review. The findings section shall present some of the factors affecting business decisions in those countries. Finally, the paper shall present a conclusion and a recommendation identifying the selected country. F. Authorization The report was requested by the CEO of Walmart company, a united states’ based technology firm that intends to expand. The target audience of this report is the board of management of the organization that will review its findings and come up with a decision on the same. G. Literature Review Various studies have been conducted on the topic of factors affecting business in various countries. In a study by Mcathy, the top five major factors considered by companies when selecting locations include costs, infrastructure, labor characteristics, government and political factors and economic factors. Other scholars have identified other sub factors within the businesses. These factors play a bigger part in determining what options are considered in selecting locations to start businesses. Other factors include accessibility of the place, visibility and others. These factors have direct implications on major policy decisions to be made in business. H. Sources Ahlstrom, D., & Ding, Z. (2014). Entrepreneurship in China: an overview. International Small Business Journal, 32(6), 610-618. This article gives an overview on the nature of business in China and gives an analysis on some of the things that can be considered when setting up business in the country. The article will be useful in identifying some of the ways to conduct business in the country. Shapiro, J. (2016). China's environmental challenges. John Wiley & Sons. This article on the environmental challenges of china explain the business environment of the country. From the article, we will acquire adequate information on the business environment of the country then compare it with those of India and japan. Gupta, S., & Bhaskar, A. U. (2016). Doing business in India: cross-cultural issues in managing human resources. Cross Cultural & Strategic Management. In the article, Gupta explains how cross cultural issues can be an effect on starting business in the country and explains how this factors are evident in the country. The article is important in determining cultural factors and other factors affecting business in India. The findings of the article will be used in comparing its factors with those of the other countries. Norbury, P. (Ed.). (2019). Business In Japan: a Guide To Japanese Business Practice And Procedure--Fully Revised Edition. Routledge. The book by Norbury offers all relevant information on factors of starting business in Japan. In the book, we can see the economic, cultural and other factors that could affect business in Japan. Richardson, D. A., de Leeuw, S., & Dullaert, W. (2016). Factors affecting global inventory prepositioning locations in humanitarian operations—a delphi study. Journal of Business Logistics, 37(1), 59-74. This case study explores factors affecting location decisions of various business. The findings will be used in understanding the factors that the business could consider in starting business. BODY- FINDINGS & ANALYSIS I. Business description The business that intends to expand to an external business is Walmart. Walmart Inc.'s corporate mission is “to save people money so they can live better.” The company is one of the largest retailers in the world in terms of revenues and number of employees. Wal-Mart has the best and the most convenient store locations which its competitors find difficult to beat. As Walmart's most extensively developed retail brand, covering hundreds of household consumable items, the Great Value line includes sliced bread, frozen vegetables, frozen dinners, canned foods, light bulbs, trash bags, buttermilk biscuits, cinnamon rolls, pies, and many other traditional grocery store product. II. Findings A. India 1. Culture/ Politics/ Government - Political culture of India is mixed of traditional Hinduism culture and western liberal democracy 2. Economy- The country’s economy is stable and has recorded a tremendous growth over the past few years. It is the world’s fifth largest economy hence worth considering for business. 3. Analysis of Factors a. Large population- India has a large population making it have a bigger market. b. Huge costs of setting up businesses c. Bottlenecks in infrastructural and other social amenities connectivity e.g electricity connection takes longer. B. Japan 1. The country utilizes a constitutional/democratic leadership. The dividing values that separate the Japanese electorate are issues regarding national security and the Constitution, while issues involving economic growth and wealth distribution are of secondary importance. 2. Japan’s economy is a highly developed free market economy and is ranked the third in the world. 3. Analysis of Factors a. High costs of setting up a plant. b. Huge taxation rates c. cultural complexities A. China 1. It is a communist cou ...
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