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[solution]: Assignment 2: Successful Domestic Company Goes Global! Due Week 6


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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 page paper in which you:

 

1. Create a guide to leveraging expatriates. The guide should include 4 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:

 

a. Relevant visuals

 

b. Statistics that support the decision to expand into the identified countries

 

c. A feasibility study of your company?s proposed expansion to the countries in question

 

d. Information related to renting or buying land or a building

 


 

e. 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.

 


 

 


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