Question: Overview Over the past two modules, you have explored the fundamentals of global business, such as key drivers for expansion of domestic business and cultural

Overview

Over the past two modules, you have explored the fundamentals of global business, such as key drivers for expansion of domestic business and cultural considerations. In this milestone, you will complete the first part of your course project by explaining what you have learned about global business thus far.

Scenario

You are a business analyst working at a small domestic organization that produces high-quality cell phone cases. Your organization has begun to see its sales flatten in the domestic market. While the organization is not losing money, leadership would like to explore options to continue to grow. One option that leadership has noticed competitors attempting is entering international markets.

You have been asked to examine the benefits, drawbacks, and key considerations for your organization to enter one of the global markets below, and to summarize your findings in a business brief for leadership.

Select one of the following international markets to use for your course project:

Argentina

Brazil

China

India

Indonesia

Japan

Nigeria

Russia

South Africa

Turkey

If you would like to use another country for your course project, please reach out to your instructor.

Prompt

In this milestone, you will complete Section One of the Business Brief Template (located in the Guidelines for Submission section of this document).

Drivers for Global Entry: Develop the first section of the Business Brief Template that explains the purpose of global expansion, business impacts of global business, societal impacts of global business, and cultural considerations using evidence from course and outside resources to support your explanations. Make sure to use evidence from course resources to support your responses.

Specifically, you must address the following rubric criteria:

Country Selection: State the country you have selected to use for your course project.

Purpose of Global Expansion: Explain key benefits of successful global expansion for domestic organizations.

Business Impacts of Global Business: Explain how global expansion of a domestic organization can impact business operations such as strategic planning, marketing, supply-chain management, human resources, and so on.

Societal Impacts of Global Business: Explain how the global expansion of organizations has impacted society, citing specific examples regarding culture, transportation, employment, infrastructure, and environmental climate.

Cultural Considerations for Global Business: Explain the importance of researching the culture of a potential global market prior to market entry, as well as key cultural considerations to explore to inform expansion decisions.

INT 220 Business Brief Template Course Project

Directions (This section can be removed prior to submitting this as your final project in Module Seven):

Complete this template by replacing the bracketed text with the relevant information. Use evidence from course and outside resources to support your explanations. Be sure to use complete sentences to address each section of the template.

You will be working on this template throughout the course, progressing toward the submission of the completed template as your final project in Module Seven. For Milestone One, you will complete Section One of the template; for Milestone Two, you will complete Section Two of the template; and in Modules Six and Seven, you will work to incorporate any feedback received on your prior milestone submissions, as well as work to complete Section Three of the template, before submitting the finalized template for your final project submission.

Section One: Drivers for Global Entry

Country Selection

[Insert the name of the country you have selected to use for your final project.]

Purpose of Global Expansion

[Explain key benefits of successful global expansion for domestic organizations.]

Business Impacts of Global Business

[Explain how global expansion of a domestic organization can impact business operations such as strategic planning, marketing, supply-chain management, human resources, and so on.]

Societal Impacts of Global Business

[Explain how the global expansion of organizations has impacted society, citing specific examples regarding culture, transportation, employment, infrastructure, and environmental climate.]

Cultural Considerations for Global Business

[Explain the importance of researching the culture of a potential global market prior to market entry, as well as key cultural considerations to explore to inform expansion decisions.]

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