International Business Practices

Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.

A regional bank has decided to open an office overseas for serving those businesses that are expanding internationally. Choose a country with a large financial center that you believe would be helpful to your customer base.

• Discuss some of the challenges you may face in this new environment.
  • What are the cultural, ethnic, social, and educational characteristics?
• Describe the political and legal systems.
• How much does the government intervene in the private sector?
  • How will that affect your financial institution?
• What type of economic system does it have?
  • What is the history of that economic system?
• How is the country involved in international trade?
  • How does the government get involved in trade issues?
  • Will that help or hurt your financial institution?
• Will your presence in this country be helpful in your attempts to invest in other developing countries?
• Is this country involved in any regional integration efforts? How so?
• Why did you choose this location for your bank?
• As a manager, what would be your overall assessment about whether you want to pursue opening an office there?
  • Are the financial risks worth taking?
  • Will it be beneficial to all of the stakeholders?
  • If you decide to pursue this, what type of presence do you think would be best suited to your objectives?