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.
You are a business analyst working at a small domestic organization that produces high-quality baseball bats. 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:
If you would like to use another country for your course project, please reach out to your instructor.
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:
Template: Business Brief
Submit Section One: Drivers for Global Entry of this template as a 350- to 500-word Word document. Sources should be cited according to APA style.
Doing business in a foreign country can be fraught with pitfalls, from culturally inappropriate hugging to accidental obscene hand gestures. By researching and understanding the culture of a foreign country, you can better prepare yourself and your team to avoid mistakes and leverage cultural protocols to your advantage.
In this assignment, you will compare the culture of the United States against the culture of the country you chose in Milestone One to show how doing business can be very different from one country to another.
Use the Module Two Assignment template located in the Guidelines for Submission section to create a cultural comparison guide between the country you selected for your course project and the United States. In Part One of the template, you will identify common information about both countries, including their cultural backgrounds and business etiquettes. In Part Two of the template, you will identify the six dimensions in the Hofstede model of national culture for both countries. In Part Three of the template, you will draw conclusions on how doing business in the country you selected will differ from doing business in the United States and tips for individuals doing business in your selected country.
Specifically, you must address the following rubric criteria:
Submit your completed Module Two Assignment Template as a Word document. Sources should be cited according to APA style.
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