Question.2138 - In this project, you will demonstrate your mastery of the following competencies: Explain the drivers of globalization and how they impact business decisions Differentiate between domestic and international business environments Describe the factors that contribute to international market attractiveness and entry Scenario You are a business analyst working at a small domestic organization that produces high-quality cell phone cases. Your organization h While the organization is not losing money, leadership would like to explore options to continue growth. One option that leadership h international markets. You have been asked to examine the benefits, drawbacks, and key considerations for your organization to enter one of the global mar 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 If you would like to use another country for your course project, please reach out to your instructor. Directions Develop a business brief that explains why many organizations are investing in efforts to expand their businesses internationally, the for entering the global market. You will then create a market profile and outline market considerations for your chosen international Submit section to complete this project. 1. Drivers for Global Entry: Explain the purpose of global expansion, business impacts of global business, societal impacts of globa course and outside resources to support your explanations. A. Purpose of Global Expansion: Explain key benefits of successful global expansion for domestic organizations. B. Business Impacts of Global Business: Explain how global expansion of a domestic organization can impact business opera management, human resources, and so on. C. Societal Impacts of Global Business: Explain how the global expansion of organizations has impacted society, citing specifi employment, infrastructure, and environmental climate. D. Cultural Considerations for Global Business: Explain the importance of researching the culture of a potential global mark considerations to explore to inform expansion decisions. 2. Market Profile: Compare and contrast important cultural, political, and economic elements of your selected market versus the ? ?09/12/2023, 08:56 Project Guidelines and Rubric - INT-220-T2934 Global Dimensions in Business 23EW2https://learn.snhu.edu/d2l/le/content/1419443/viewContent/27927829/View 3/9 between cultural practices, attitudes, economic factors, and political environments. A. Cultural Profile: Compare and contrast important cultural elements of your selected market against those in the domesti cultural dimensions, and so on. B. Political and Economic Profile: Compare and contrast important political and economic factors for your selected market a systems, current leaders, and economic measures or characteristics used in classification. C. Legal and Regulatory Profile: Compare and contrast important legal and regulatory requirements of your selected marke restrictions, regulations of products or services, legal processes for business transactions, and import restrictions or docu 3. Market Considerations: Compare and contrast important market considerations for your selected market against those in the considerations for conducting business between the two markets, such as general legal and regulatory requirements, monetary considerations. A. Monetary Considerations: Explain how monetary considerations such as currency, exchange rates, and exchange-rate ma expand into your selected market, using current exchange rates between your selected country and the United States to B. Management and Logistics Considerations: Explain management and logistics practices that best address human-resourc management approaches or staff and labor laws and their impact on policies and procedures. C. Mode of Entry Considerations: Describe advantages and disadvantages for traditional modes of entry that would be mosWhat to Submit To complete this project, you must submit the following: Template: Business Brief Your completed Business Brief template should be a 750- to 1,000-word Word document. Sources should be cited according to APA Supporting Materials The following resource supports your work on the project: Shapiro Library Research Guide: INT 220 Research Guide Research guides are developed by librarians to help you find and locate the information you need for your classes, papers, and projec selected market. Please note that if you are approved by your instructor to use a market not listed in the scenario you will need to coProject RubricCriteria Exemplary (100%) Proficient (85%) Needs Improvement (55% Drivers for Global Entry: Purpose of Global ExpansionExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerExplains key benefits of successful global expansion for domestic organizationsShows progress toward proficiency, but with errors o omissions; areas for improvement may include incorporating more support evidence from course resources or including more key benefits of successful global expansion for domest organizationsDrivers for Global Entry: Business Impacts of Global BusinessExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerExplains how global expansion of a domestic organization can impact business operations such as strategic planning, marketing, supply-chain management, and human resourcesShows progress toward proficiency, but with errors o omissions; areas for improvement may include further explaining how globa expansion can impact busine operations09/12/2023, 08:56 Project Guidelines and Rubric - INT-220-T2934 Global Dimensions in Business 23EW2https://learn.snhu.edu/d2l/le/content/1419443/viewContent/27927829/View 4/9 Drivers for Global Entry: Societal Impacts of Global BusinessExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerExplains how global expansion of organizations has impacted society, citing specific examples regarding culture, transportation, employment, infrastructure, and environmental climateShows progress toward proficiency, but with errors o omissions; areas for improvement may include further explaining how globa expansion can impact societ providing more relevant examplesDrivers for Global Entry: Cultural Considerations for Global BusinessExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerExplains 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 decisionsShows progress toward proficiency, but with errors o omissions; areas for improvement may include further explaining how cultu factors can influence decisio making and approaches to expansionMarket Profile: Cultural ProfileExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerCompares and contrasts important cultural elements of the selected market against those in the domestic market, including communication, values, attitudes, and social structureShows progress toward proficiency, but with errors o omissions; areas for improvement may include adding further detail to the cultural comparison or comparing additional cultura elementsMarket Profile: Political and Economic ProfileExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerCompares and contrasts important political and economic factors for the selected market against those in the domestic market, including political systems, leaders, ideologies, economic measures or characteristics, and government intervention on tradeShows progress toward proficiency, but with errors o omissions; areas for improvement may include adding further detail to the political and economic comparison or comparing additional relevant factorsMarket Profile: Legal and Regulatory ProfileExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerCompares and contrasts important legal and regulatory requirements of the selected market against those in the domestic market, including trade restrictions, regulations of products or services, legal processes for business transactions, and import restrictions or documentationShows progress toward proficiency, but with errors o omissions; areas for improvement may include adding further detail to the legal and regulatory comparison or comparing additional relevant factorsMarket Considerations: Monetary ConsiderationsExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerExplains how monetary considerations such as currency, exchange rates, and exchange-rate management would impact the organization’s decision to expand into the selected market, using current exchange rates between the selected country and theShows progress toward proficiency, but with errors o omissions; areas for improvement may include further explaining how monetary considerations ca influence decision making an approaches to expansion or using current exchange rate09/12/2023, 08:56 Project Guidelines and Rubric - INT-220-T2934 Global Dimensions in Business 23EW2https://learn.snhu.edu/d2l/le/content/1419443/viewContent/27927829/View 5/9United States to support explanationssupport explanationsMarket Considerations: Management and Logistics ConsiderationsExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerExplains management and logistics practices that best address human resource considerations for the selected market, such as management approaches, policies and procedures, global or expatriate staffing, and labor lawsShows progress toward proficiency, but with errors o omissions; areas for improvement may include further explaining how management and logistics m influence the approach to expansionMarket Considerations: Mode of Entry ConsiderationsExceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerDescribes advantages and disadvantages for traditional modes of entry that would be most appropriate for entering the selected marketShows progress toward proficiency, but with errors o omissions; areas for improvement may includefurther explaining mode-of- entry approaches or furtherdescribing the advantages a disadvantages of the selecte modes of entryArticulation of Response Exceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative mannerClearly conveys meaning with correct grammar, sentence structure, and spelling, demonstrating an understanding of audience and purposeShows progress toward proficiency, but with errors i grammar, sentence structure and spelling, negatively impacting readabilityCitations and Attributions Uses citations for ideas requiring attribution, with few or no minor errorsUses citations for ideas requiring attribution, with consistent minor errorsUses citations for ideas requiring attribution, with major errors
Answer Below:
Country xxxxxxxxx nbsp xxxxx as xxx Chosen xxxxxxx nbsp xxxxxxx of xxxxxx Expansion xxxx Global xxxxxxxxx provides xx ideal xxxxxxxx for xxxxx companies xx sustain xxxxxxxxx stimulate xxxxxx relations xxx promote xxxxx It xxx explore xxx market xxxxxxxxxxxxx prospective xxxxxxxx and x broader xxxxxxxx segment xxxxxxxxxxx Japan xxx a xxxxxx GDP xxxxxxx entering xxxx market xxxxxxxx considerable xxxxxxxx gains xxx such x state xxxxx et xx nbsp xxxxxxxx Impacts xx Global xxxxxxxx nbsp xxxxxxxxx planning xxxxxxx more xxxxxxx but xx the xxxx time xxxxxxx new xxxxxxxxxxxxx for xxxxxxx innovation xxx better xxxxxxxxxxx On xxxxxxx note xxxxxxxxx techniques xxxx be xxxxxxx to xxxx a xxxxxxxx market's xxxxxxxx and xxxxx differences xxxxxxxx supply xxxxx management xx inevitable xx this xxxxx When xx comes xx human xxxxxxxxx different xxxxxxxx exist xx well xx diverse xxxxx laws x lot xx investigation xxx careful xxxxxxxxx planning xx required xxx any xxx development xx change xxx to xxxxxx the xxxxxxxxx adversely xxx for xxx business xx be xxxxx according xx the xxxx or xxxxxxx laws xxxxxx Societal xxxxxxx of xxxxxx Business xxxx Society xxxxxxx of xxxxxx business xxxxxxx an xxxxxxxxxx and xxxxxxxxx influence xxxxxxxxx and xxxxxxxxxxxx internally xxxxxx the xxxxxxx country xxxxxx also xxxx acceptable xxxxxxxx practices xxx environmental xxxxxxxxxxx of xxx business xxxx becomes xxxxxxxxx Material xxxxxxxxxxx is xxxxxx to xxxxxxxxxxxxx degradation xxxx as xxxxxxxxx while xxxxxxxxxx produces xxxxxx that xxxxxxx the xxxxxxxxxxx Cultural xxxxxxxx diversity xxx polished xxxxxxxx procedures xxx value xx the xxxxxxxxx while xxxxxxxxx and xxxxxxxxxxx them xxxx amp xxxx Cultural xxxxxxxxxxxxxx for xxxxxx Business xxxx Successful xxxxx into xxx market xxxxxxxx understanding xxx respecting xxx Japanese xxxxxxxx culture xxxxxxxx communication xxxxxxx observing xxxxxx cultural xxxxxxxxx because xx is xxxxxx and xxxxxxxxxx Usage xx the xxxxxx surname xxx bows xxx handshakes xxxxx respect xx these xxxxxxxxx partners xxxx a xxxxxxxxxxx GDP xxxxxxxx to xxxx cultural xxxxxxx is xxxxx to xxxxxxxxxxxx constructive xxxxxxxxxxxx Jorgenson xxx Nomura xxxx Section xxx Market xxxxxxx nbsp xxxxxxxx Profile xxxx The xxxxxxxx profile xx the xxx differs xxxxxxxxxxxxx compared xx that xx Japan xxxxxxxx most xxxxxx communicate xx English xx the xx Japanese xxxxxx speaks xxxxxx The xx is xxxxxxxxxxx diverse xxxx different xxxxxxxxx practiced xxxxx Japan xxxxxxxxx Shinto xxx Buddhism xxxxx distance xxxxxx at xxxxxxxx dimensions xxx Japan xxx scored x high xxxxxx compared xx the xx which xx less xxxxxxxxxxxx The xx is xxxxxxxxxxxxx by xxxxxxxxxxxxx which xx opposed xx Japan's xxxxxxxxxxxx Masculine xxxxxxxxxxx characterizes xxxx cultures xxxxx has xxxxxx amounts xx uncertainty xxxxxxxxx than xxx US xxxxx is xxxx tolerant xx ambiguities x comparison xxx be xxxx between xxxxxxxxxxxxxxxxxx Japanese xxx short-term-focused xx Moreover xxx US xxxxx an xxxxxxxxx approach xxxxxxx Japan xxxxxxxx disciplined xxxxxxxxxxxx in xxxxx cultural xxxxxxxxxx It xxxxx proper xxxxxxxxxxxxxx communication xxx successful xxxxxxxx integration xxxxx et xx nbsp xxxxxxxx United xxxxxx Japan xxxxxxxx Spoken xxxxxxxxx English xxxxxxxx Commonly xxxxxxxxx Religions xxxxxxx Shinto xxxxxxxx Power xxxxxxxx Index xxx Lower xxxxxx Individualism xxxxxx Collectivism xxx Individualistic xxxxxxxxxxxxxx Masculinity xxxxxx Femininity xxx Masculine xxxxxxxxx Uncertainty xxxxxxxxx Index xxx Lower xxxxxx Long-Term xxxxxxxxxxx Versus xxxxxxxxxx Normative xxxxxxxxxxx LTO xxxxxxxxxx Long-Term xxxxxxxxxx Versus xxxxxxxxx IVR xxxxxxxxx Restraint xxxxxxxxx and xxxxxxxx Profile xxxx An xxxxxxxx of xxx political xxx economic xxxxxxxx of xxx US xxx Japan xxxxxxx some xxxxxxxxxxx differences xxxxxxx is x federal xxxxxxxx controlled xx President xxx Biden xxxxx Japan xx in x constitutional xxxxxxxx having xxxxxxx Naruhito xx its xxxxxxxx or xxxxxxx head xxxx exhibit xxxxx levels xx economic xxxxxxxx but xxxxx economic xxxxx affect xxxxx differently xxx US xxxxxxxxxxxx in xxxxx and xxx while xxx WTO xxx Japan xxx involved xx ASEAN xxxxxxx Japan xxx a xxx GDP xx billion xxxxxxx than xxx USA's xxx of xxxxxxx Japan's xxx per xxxxxx stands xx which xxxx the xxxxxx of xxx million xxx the xx Despite xxxx the xxx are xxxx nations xxxxx GDP xxx capita xxx for xxx US xx in xxx same xxxx it xxx for xxxxx A xxxxxxxx consideration xx those xxxxxxxxx and xxxxxxxx subtleties xx mandatory xxxx making xxxxxxxxxxx decisions xxxxxxxxx international xxxxxxxx matters x oacute xxxxx amp xxx ucka xxxx Category xxxx United xxxxxx nbsp xxxxx nbsp xxxxxxxxx System xxxx Federal xxxxxxxx nbsp xxxxxxxxxxxxxx Monarchy xxxx Current xxxxxxx nbsp xxxxxxxxx Joe xxxxx nbsp xxxxxxx Naruhito xxxx Economic xxxxxxxxxxxxxx nbsp xxxxxxxxx nbsp xxxxxxxxx nbsp xxxxxxxx Blocs xxxxxxxxx Trade xxxx NAFTA xxx nbsp xxxxx WTO xxxx Gross xxxxxxxx Product xx billion xxx nbsp xxxx trillion xxxx Purchasing xxxxx Parity xxx capita xxxx nbsp xxxx Gross xxxxxxxx Product xxx Capita xx USD xxxx nbsp xxxx Legal xxx Regulatory xxxxxxx nbsp xxxxxxx foreign xxxxxxxxxx operating xx Japan xxxx understand xxx legal xxx regulatory xxxxxxxxx This xxxxxx out xx legal xxxxxxxxx based xxxxxx on xxxxxxxxx and xxxxxxxxxx with xxxxx requirements xxxxxxxxxx in xxxx spheres xxx company xxxx uphold xxxxxxxxxxx relating xx its xxxxxxxx and xxxxxxxx paperwork xxxxxx and xxxxxxxxxxx legal xxxxxxx Baily xx al xxxx Section xxxxx Market xxxxxxxxxxxxxx nbsp xxxxxxxx Considerations xxxx Successful xxxxxx entry xxxx Japan xxxxxxxx an xxxxxxxxxxxxx of xxxxxxxx issues xxxxxxxxx planning xxx budgeting xxxxxx on xxx per xxx Changes xx exchange xxxxx may xxxxx considerable xxxxxxxxx or xxxxxxxxx in xxx cost xxx profits xxxxxxxxxx affecting xxxxxxxx conditions xx one xxx or xxxxxxx This xxxxx that xxxx have xx plan xx coping xxxx their xxxxxxxx rate xxxxx to xxxxx any xxxxxx that xxxxx result xxxx it xxx this xxxxxx organizations xxxxxx consider xxxxxxxxxx forward xxxxxxxxx or xxxxx financial xxxxxxxxxxx to xxxx hedge xxxxxxx currency xxxxxxx A xxxxxxxxx approach xxxxx accurate xxxxxxxxx and xxxxxxx to xxxxxx a xxxxxxx remains xxxxxx when xxxxx with xxxxxxxx foreign xxxxxxxx markets xxxxxxxx markets xxxxxx very xxxx on xxxxxxxx financial xxxxxxxxxx and xxxx dealing xxxx such xxxxxxx it xx very xxxxxxxxx to xxxxxxxxxx money xxxxxxx thoroughly xxx use xxxx strategically xxxxxxxxx amp xxxxxx nbsp xxxxxxxx nbsp xxx US xxxxxx Japanese xxx JPY xxxx Exchange xxxx nbsp xxxx nbsp xxxxxxxxxx and xxxxxxxxx Considerations xxxx Successful xxxxx in xxxxx involves xxxxxx navigation xx management xxx logistic xxxxxxxxxxxx The xxxxxxxx culture xx unique xxxxxxxxx matters xxxxxxx from xxxxx companies xxxxxxxx to xxx into xxxxx cultural xxxxxxxxxxxx requires xxx adaptation xx such xxxxxxxxxx models xxxxxxxx labor xxxx focus xx job xxxxxxxx and xxxxxxxxxx welfare xxxxxxxxxxxxx an xxxxxxxxxxxxx of xxxxxxxxx human xxxxxxxx management xx is xxxxxxxxx to xxxxxxxx Japan's xxxxxxx assurance xx which xxxxxxxx should xx on xxxx Having xxxxxxxxx in xxxxxxxx and xxxxxxxxx in x compatible xxx will xxxx operations xxx relationships xxxxxxxxx a xxxxxxxxxxxxx strategy xx management xxx logistics xxxx accommodates xxx undercurrent xx Japanese xxxxxx will xx necessary xx foster xxx relationship xxxx for x lasting xxxxxxxx venture xx Japan x oacute xxxxx amp xxx ucka xxxx Mode xx Entry xxxxxxxxxxxxxx nbsp xxxxxxxx the xxxxx entry xxxx entails xxxxxxxxxxx the xxxx and xxxx Market xxxxxxxxxxx in xxxxxxx and xxxxxxxxxx should xxxxxxx the xxxxxx of xxxxxxxxxxx modes xxxx export xx joint xxxxxxx Lastly xxxxxxxxx into xxx Japanese xxxxxx will xxxxxxx both xxxxxxxxxx and xxxxxxxxxxxxx Successful xxxxxx Expansion xxxxxxxx adapting xx cultural xxxxxxxxxx understanding xxxxx politics xxx economy xxx considering xxxxx and xxxxxxxx issues xxxxxx nbsp xxxx nbsp xxxxxxxxxxxxxxx M x Bosworth x amp xxxxx S xxxxxxxxxxxx Comparisons xxxxxxx from xxxxx the xxxxxx States xxx Germany xxxx Washington xx Brookings xxxxxxxxxxx es- xxxxxxxxxxxxxxxxxxx pdf xxxxxxxxx edu xxxx Calder x E xxxxxxx Alliance xxxxxxxx US-Japan xxxxxxxxx Yale xxxxxxxxxx Press xxxxxxx Alliance xxxxxxxx U x -Japan xxxxxxxxx - xxxx E xxxxxx - xxxxxx BooksG xxxxxx recka x amp xxx ucka x Country xxxxxx selection xx international xxxxxxxxx using xxxxxxxxxxxxx decision-aiding xxxxxxx Multiple xxxxxxxx decision xxxxxx - xxxxxxx Market xxxxxxxxx in xxxxxxxxxxxxx Expansion xxxxx Multicriteria xxxxxxxx Aiding xxxxxxx info xx pl xxxxxxxxx D x amp xxxxxx K xxx industry xxxxxxx of xxx US xxxxx Japan xxxxxxxxxxxx gap xxxxxxxx Systems xxxxxxxx - xxxxx doi xxx Macy x W xxx Sato x Trust xxxxxxxxxxx and xxxxxx formation xx the xx and xxxxx Proceedings xx the xxxxxxxx Academy xx Sciences xxxxx - xxxxx doi xxx pnas xxxxx S xx ndash xxxxx trade xxxxxxxxx The xxxx the xxxxxxx and xxxxxxxxxxxx for xxx US xxxxx China xxxxx war xxxx Asian xxxxxxxx Policy xxxxxx nbsp x https xxx org xxxx nbsp xxxxMore Articles 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