Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Assignment

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 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 countries for expansion and two 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 to ten page paper in which you:

1. Create a guide to leveraging expatriates. The guide should include four to six 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 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 countries for expansion. Provide a rationale for your response.

4. Determine three 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 strategy to ensure that both the Executive Committee and the Board of Directors are committed to the expansions. Justify your response.

7. Recommend two 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 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 quality academic resources in this assignment. Note: Wikipedia and other similar websites do not qualify as academic resources.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92027521
  • Price:- $40

Priced at Now at $40, Verified Solution

Have any Question?


Related Questions in Business Management

Discuss your philosophy regarding how a leader should

Discuss your philosophy regarding how a leader should behave. Second, list two of your favorite leaders (either those in the public eye or whom you might know personally)

Why is federal income tax important to a company can it

Why is federal income tax important to a company? Can it effect the hiring process for employees?

Given a tree design an algorithm to find the maximum path

Given a tree, design an algorithm to find the maximum path length between two vertices. Analyze its time complexity.

What is the basic premise of abraham maslows hierarchy of

What is the basic premise of Abraham Maslow's hierarchy of needs theory and what levels comprise the hierarchy?

1 explain the relationship between managing diversity and

1) Explain the relationship between "managing diversity and inclusion" and "diversity training." Which is most effective? Why? Sources please

What goals seem to dominate early management principles why

What goals seem to dominate early management principles? Why do you think this is the case?

What are some costing and financial strategies for

What are some costing and financial strategies for manufacturing and service companies?

How suitable to the workplace are career development plan

How suitable to the workplace are 'career development plan' template?

What are some of the recent issues with ways to calculate

What are some of the recent issues with ways to calculate cost objective for direct material, direct labor, other direct costs, indirect costs, facilities cost of money, and profit/fees? How do we use these calculations ...

Discuss some issues challenges andor trends within the

Discuss some issues, challenges, and/or trends within the transportation and logistics field.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As