Question.1715 - INT 220 Project Guidelines and Rubric Competencies 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:
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xxxxxxxxxxx GDP xxxxxxxx to xxxx cultural xxxxxxx is xxxxx to xxxxxxxxxxxx constructive xxxxxxxxxxxx Jorgenson xxxxxx Section xxx Market xxxxxxx Cultural xxxxxxx 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 Category xxxxxx States xxxxx Commonly xxxxxx Languages xxxxxxx Japanese xxxxxxxx Practiced xxxxxxxxx Various xxxxxx Buddhism xxxxx Distance xxxxx PDI xxxxx Higher xxxxxxxxxxxxx Versus xxxxxxxxxxxx IDV xxxxxxxxxxxxxxx Collectivistic xxxxxxxxxxx Versus xxxxxxxxxx MAS xxxxxxxxx Masculine xxxxxxxxxxx Avoidance xxxxx UAI xxxxx Higher xxxxxxxxx Orientation xxxxxx Short-Term xxxxxxxxx Orientation xxx Short-Term xxxxxxxxx Indulgence xxxxxx Restraint xxx Indulgent xxxxxxxxx Political xxx Economic xxxxxxx 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 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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 xxxxxxx Three xxxxxx Considerations xxxxxxxx Considerations xxxxxxxxxx market xxxxx into xxxxx requires xx understanding xx monetary xxxxxx Financial xxxxxxxx and xxxxxxxxx depend xx JPN xxx USD xxxxxxx in xxxxxxxx rates xxx cause xxxxxxxxxxxx increases xx decreases xx the xxxx and xxxxxxx ultimately xxxxxxxxx economic xxxxxxxxxx in xxx way xx another xxxx means xxxx they xxxx to xxxx on xxxxxx with xxxxx exchange xxxx risks xx avoid xxx losses xxxx might xxxxxx from xx For xxxx reason xxxxxxxxxxxxx should xxxxxxxx developing xxxxxxx contracts xx other xxxxxxxxx instruments xx help xxxxx against xxxxxxxx changes x proactive xxxxxxxx makes xxxxxxxx estimates xxx budgets xx ensure x company xxxxxxx stable xxxx faced xxxx volatile xxxxxxx exchange xxxxxxx Japanese xxxxxxx depend xxxx much xx accurate xxxxxxxxx management xxx when xxxxxxx with xxxx markets xx is xxxx important xx understand xxxxx matters xxxxxxxxxx and xxx them xxxxxxxxxxxxx Jorgenson xxxxxx Category xxx US xxxxxx Japanese xxx JPY xxxxxxxx Rate xxxxxxxxxx and xxxxxxxxx Considerations xxxxxxxxxx entry xx Japan xxxxxxxx proper xxxxxxxxxx of xxxxxxxxxx and xxxxxxxx difficulties xxx Japanese xxxxxxx is xxxxxx regarding xxxxxxx arising xxxx their xxxxxxxxx Managing xx fit xxxx these xxxxxxxx orientations xxxxxxxx the xxxxxxxxxx of xxxx managerial xxxxxx Japanese xxxxx laws xxxxx on xxx security xxx collective xxxxxxx necessitating xx understanding xx excellent xxxxx resource xxxxxxxxxx It xx important xx consider xxxxxxx quality xxxxxxxxx in xxxxx business xxxxxx go xx time xxxxxx coherence xx policies xxx practices xx a xxxxxxxxxx way xxxx ease xxxxxxxxxx and xxxxxxxxxxxxx Therefore x comprehensive xxxxxxxx in xxxxxxxxxx and xxxxxxxxx that xxxxxxxxxxxx the xxxxxxxxxxxx of 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