Identify methods for reducing global business risks
Course Project Phase II
RE: This is the concluding project for this Graduate International Business course. It offers the students the opportunity to show mastery of all of the key concepts covered in the course and the mastery of designing a successful international business strategy. The project involves a plan for the expansion of business to another country (with no current presence) and you are required to present the plan to the Board of Directors for approval. Your plan must incorporate and address the following critical areas in International Business:
Global Business Opportunities (Phase I)
International Competitors (Phase I)
The Economic-Geographic Environment (Phase I)
The Social-Cultural Environment (Phase I)
The Political-Legal Environment (Phase I)
Global Company Structure (Phase II)
Financing Sources for Global Business Operations (Phase II)
Global Management Information System (Phase II)
Human Resources for Global Business Activities (Phase II)
International Financial and Business Risks (Phase II)
Product and Target Market Planning for Foreign Markets (Phase III)
Global Distribution Strategy (Phase III)
Global Promotion Strategy (Phase III)
International Pricing Strategy (Phase III)
Financial Results (Phase III)
International Business Success (Phase III)
The project has 3 phases:
Phases 1 and 2 have independent critical areas in International Business.
Phase 3 also has independent critical areas in International Business but includes refined phases 1 and 2 (using professors feedback), making one Final Project document.
Key Components of Phase II paper:
Introduction to your paper Since the first paragraph or section of a document is assumed to be the introduction of the paper, the word ‘Introduction’ is not needed. Do not begin a paper with the word ‘Introduction’ as a heading (APA, 2020, p. 47). The papers title should be the first heading above the first body paragraph of your paper and must be bolded Check Sample Student paper (APA, 2020, pp. 61-67)
Selecting a Global Company Structure
Suggest objectives and an organizational framework for global business operations
Financing Sources for Global Business Operations
Project start-up costs and funding sources for international operations
Creating a Global Management Information System
Identify needed databases and information systems to facilitate international business activities
Identifying Human Resources for Global Business Activities
Gather information on needed personnel for operating an international enterprise
Managing International Financial and Business Risks
Identify methods for reducing global business risks
Summary of content and a summary projecting what you will address in Phase III.
Not less than 6 references.
Course Project Phase II must be in APA format
