Globalization encompasses more than simply operating

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Reference no: EM132205490

Imagine you work as a manager for a USA based company. You and other managers understand that globalization encompasses more than simply operating as a multinational company. Globalization, as relative to international business, involves worldwide markets and production activities. You will assume that your organization will be opening a branch business operation in a country other than the USA.

Requirements

In this IB Project Part 1, you will conduct a “feasibility” study that involves an overview of a product (good or service or even a technology) in a country of your choice that may work for this business plan. As you work through this first part, be sure your product is a good fit for your host country.

Product

Identify the product (good or service or technology) that you can market or manufacture outside the USA.

Explain why you selected this product, providing at least three reasons why this product is a good choice.

Host Country

Identify the host country you will use for marketing and/or production.

Briefly describe this country.

Explain why you selected this nation/country.

For help determining the host country and for additional information throughout your project work, access and explore this excellent site. Click the “Global Insights” dropdown box at the top left and select “By Country.” https://globaledge.msu.edu/ (Links to an external site.)

Host Country Evaluation

Evaluate your host country in terms the following factors:

Demographics

Geography

Cultural Environment

Language

Labor factors

Social factors

Government / Political environment

Legal environment

Identify any national or regional laws that will affect your business.

Economic Environment

In conclusion to this first report, explain why you believe your plan is feasible for your choice of product and country.

Reference no: EM132205490

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