2-1 Milestone One Global Dimensions
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2-1MilestoneGlobalDimensionsINT220BusinessBrief.docx
INT 220 Business Brief Template Course Project
Complete this template by replacing the bracketed text with the relevant information.
Section One: Drivers for Global Entry
[Explain the purpose of global expansion, the business and societal impacts of global business, and cultural considerations for global business. Use evidence from course and outside resources to support your explanations and use complete sentences.]
Section Two: Market Profile
Complete the tables below to use data and statistics to support your comparisons. Use words, phrases, and numbers to complete the tables, not complete sentences.
Cultural Profile
|
Category |
United States |
Brazil |
|
Commonly Spoken Languages |
English and Spanish |
Portuguese |
|
Commonly Practiced Religions |
Christianity |
Roman Catholic |
|
Power Distance Index (PDI) |
40 |
69 |
|
Individualism Versus Collectivism (IDV) |
91 |
38 |
|
Masculinity Versus Femininity (MAS) |
62 |
49 |
|
Uncertainty Avoidance Index (UAI) |
46 |
76 |
|
Long-Term Orientation Versus Short-Term Normative Orientation (LTO) |
26 |
44 |
|
Indulgence Versus Restraint (IVR) |
68 |
59 |
Political and Economic Profile
|
Category |
United States |
Brazil |
|
Political System |
Democratic |
Federal Republic |
|
Current Leaders |
Joe Biden |
Jair Bolsonaro |
|
Economic Classification |
Highly developed mixed economy |
Middle income developing mixed economy |
|
Economic Blocs Impacting Trade |
NAFTA |
Mercosur |
|
Gross Domestic Product |
22790.00 billion USD |
1.445 trillion USD |
|
Purchasing Power Parity |
$63,358.49 USD |
$12,921.60 USD |
|
Gross Domestic Product Per Capita |
$63,543.58 USD |
$6,796.84 USD |
|
Human Development Index |
0.92 |
0.765 |
|
Gender Development Index |
0.994 |
0.993 |
|
Gender Empowerment Measure |
0.757 |
0.695 |
|
Human Poverty Index |
0.926 |
3.8 |
Section Three: Market Considerations
Complete the table below to support your explanations using current exchange rates.
Exchange Rates
|
Category |
The U.S. Dollar |
Brazilian Real |
|
Exchange Rate |
$1.00 |
$5.14 |
Legal and Regulatory Considerations
[Compare and contrast important market considerations for your selected market against those in the domestic market. Explain the similarities, differences, and considerations for conducting business between the two markets, such as general legal and regulatory requirements, monetary and management logistics, and mode-of-entry considerations.]
References
[Include any references you cited according to APA format.]
