MGT 510 Week 9 Assignment 3 Successful Domestic Company Goes Global!



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 to ten (8-10) page
paper in which you:

 

  1. 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.


 

  1. 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.


 

  1. 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.


 

  1. Determine three (3) criteria that you would consider
    when deciding which employees to send abroad. Justify your response.


 

  1. 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.


 

  1. Recommend one (1) strategy to ensure that both the
    Executive Committee and the Board of Directors are committed to the
    expansions. Justify your response.


 

  1. Recommend two (2) books that the selected expatriates
    should take with them when they go overseas. Provide a rationale for your
    response.


 

  1. 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.


 

  1. Develop a framework for your presentation. The
    framework should include the following:


 

    1. Relevant visuals


 

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


 

    1. A feasibility study of your company’s proposed
      expansion to the countries in question


 

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


 

    1. Any other information relevant to the case for
      expansion


 

  1. 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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