Assignment 2 - Successful Domestic Company Goes Global!
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mgt510_assignment2.pptxGlobal Business Management – MGT-510 Assignment Two
Professor: Daniel Goldsmith, DBA
Strayer University
Alexandria, VA
Task 1: Create a guide to leveraging expatriates. The guide should include four to six (4-6) sources that address benefits and challenges of sending expatriates to other countries.
Expatriate – Chapter 8
Culture – Chapter 2
Way of life – Chapter 3
Relationships
Organizational support
Human Resources – Training, Hiring, Benefits – Chapter 6
Financial – Relocation – Chapter 6
Legal – Laws – Chapter 3
Ethics – Appropriateness – Chapter 4.
Management – Transnational, Mutlidomestic, etc. Chapter 8
Task 2: Examine the major benefits that this report can provide for the organization, and suggest two (2) uses for the information contained therein. Justify your response.
Management Discussion
Strategy
Operations
Organizational Design
Staffing Discussion
Recruiting
Retention
Benefits
Employee Demographic
Competitive Strategy
New Business Opportunities
New Markets
New Alliances
Other Considerations: Economy, Society,
Task 3: Analyze the major factors (e.g., distance, cultural background, knowledge of the related countries, languages spoken, relatives who may live in another country, etc.) that would influence your choice of countries into which your company would expand. Recommend two (2) countries for expansion. Provide a rationale for your response.
Distance
Cultural Background
Knowledge of Related Countries
Languages
Relatives
Families
Task 4: Determine three (3) criteria that you would consider when deciding which employees to send abroad. Justify your response.
Adaptability
Global Awareness
Intuitive Intelligence
Language Fluency
Desire
Corporate Ambassadorship
Task 5: Propose the major methods and / or incentives you would use in order to encourage the selected employees to become expatriates. Provide a rationale for your response.
Professional Development
Mentorship by senior management
Choice of Assignment
Potential sabbatical
Task 6: Recommend one (1) strategy to ensure that both the Executive Committee and the Board of Directors are committed to the expansions. Justify your response.
Direct Sponsorship
Rotational Assignments
Mentorships
Task 7: Recommend two (2) books that the selected expatriates should take with them when they go overseas. Provide a rationale for your response.
Library
Internet
Task 8
Outline a guide for expatriates who will reside within another country for one to two (1-2) years. The related guide should cover the following topics: selecting items to pack, accommodating a vehicle (i.e., leave behind or send overseas), shipping or selling furniture, moving pets, and arranging accommodations for children and / or family residing in another country for the discussed length of time.
Task 9
Develop a framework for your presentation. The framework should include the following:
Relevant visuals
Statistics that support the decision to expand into the identified countries
A feasibility study of your company’s proposed expansion to the countries in question
Information related to renting or buying land or a building
Any other information relevant to the case for expansion
Task 10
Use at least four (4) quality academic resources in this assignment. Note: Wikipedia and other similar websites do not qualify as academic resources.
