MGT 510 Week 9 Assignment 2 – Successful Domestic Company Goes Global.DOCX

MGT 510 Week 9 Assignment 2 – Successful Domestic Company Goes Global

 

MGT 510 Week 9 Assignment 2 – Successful Domestic Company Goes Global!
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Create a guide to leveraging expatriates. The guide should include four to six (4-6) sources that address benefits and challenges of sending expatriates to other countries.

In today’s era of globalisation, overseas expansion offers a lucrative opportunity to earn revenue and profits by exploiting the untapped potential. The first step towards this project is to send expatriates to the chosen countries to explore the markets and customers. Expatriate, also known as expats are the person who goes to the foreign country on the international assignment. As this employee is aware of the working, business culture and all other process of the company and help the employees of new subsidiary to follow and understand them. (Lee and Croker, 2006).Organisations send their employees from host country to foreign country to support such projects. We are also planning to expand our business to overseas. For this we have to choose two countries to start with and need two expatriates to be sent to those countries. This guide
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