5-2 Milestone Two Week 5

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INT220BusinessBriefTemplate.docx

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INT 220 Business Brief Template

Course Project

[Directions: Remove this Directions section before submitting this as your Final Project in Module Seven:

Complete this template by replacing the bracketed text with the relevant information. Use evidence from the course and outside resources to support your explanations. Ensure you use complete sentences in all sections of the template, except when filling out tables, where concise phrases or bullet points may be appropriate. Cite your sources in APA style.

You will be working on this template throughout the course, progressing toward the submission of the completed template as your final project in Module Seven. You will complete the template sections in the following milestones:

· For Milestone One, you will complete Section One of the template.

· For Milestone Two, you will complete Section Two of the template.

· In Modules Six and Seven, you will incorporate any feedback that you received on your prior milestone submissions. You will also complete Section Three of the template before submitting the finalized template for your final project submission. ]

Section One: Drivers for Global Entry

Country Selection

[Insert the name of the country you have selected to use for your course project.]

Purpose of Global Expansion

[Explain the key benefits of successful global expansion for U.S. organizations.]

Business Impacts of Global Business

[Explain how global expansion of a U.S. organization can impact business operations such as strategic planning, marketing, supply-chain management, human resources, and so on.]

Societal Impacts of Global Business

[Explain how the global expansion of organizations has impacted society, citing specific examples regarding culture, transportation, employment, infrastructure, and environmental climate.]

Cultural Considerations for Global Business

[Explain the importance of researching the culture of a potential global market prior to market entry, as well as key cultural considerations to explore to inform expansion decisions.]

Section Two: Market Profile

[Complete the Cultural Profile Table below.]

Cultural Profile

[Compare and contrast important cultural elements of your selected market to those in the U.S. market, including communication, values and attitudes, cultural dimensions, and at least five other important aspects of culture. You may fill in the chart below in order to use data and statistics to support your comparisons. Note that tables require only words, phrases, or numbers, not complete sentences.]

Category

United States

[Insert Country Selection From Course Project]

Commonly Spoken Languages

[Insert information.]

[Insert information.]

Commonly Practiced Religions

[Insert information.]

[Insert information.]

Power Distance Index (PDI)

[Insert information.]

[Insert information.]

Individualism Versus Collectivism (IDV)

[Insert information.]

[Insert information.]

Motivation Toward Achievement and Success (MAS)

[Insert information.]

[Insert information.]

Uncertainty Avoidance Index (UAI)

[Insert information.]

[Insert information.]

Long-Term Orientation Versus Short-Term Normative Orientation (LTO)

[Insert information.]

[Insert information.]

Indulgence Versus Restraint (IVR)

[Insert information.]

[Insert information.]

Political and Economic Profile

[Compare and contrast important political and economic factors for your selected market against those in the United States. Factors should include political systems and ideologies, leaders now, economic measures or characteristics used in classification, and government intervention in trade.]

Category

United States

[Insert Country Selection From Course Project]

Political System

[Insert information.]

[Insert information.]

Current Leaders

[Insert information.]

[Insert information.]

Economic Classification

[Insert information.]

[Insert information.]

Economic Blocs Impacting Trade

[Insert information.]

[Insert information.]

Gross Domestic Product

[Insert information.]

[Insert information.]

Purchasing Power Parity

[Insert information.]

[Insert information.]

Current Interest Rate

[Insert information.]

[Insert information.]

Current Inflation Rate

[Insert Information.]

[Insert Information.]

Legal and Regulatory Profile

[Compare and contrast important legal and regulatory requirements of your selected market against those in the U.S. market, including trade restrictions, regulations of products or services, legal processes for business transactions, and important restrictions or documentation.]

[Insert your answer.]

[Review the Milestone Two Guidelines and Rubric before submitting the template.]

Section Three: Market Considerations

Monetary Considerations

[Explain how monetary considerations such as currency, exchange rates, and exchange-rate management would impact the organization’s decision to expand into your selected market. Use current exchange rates between your selected country and the United States to support your explanations. Complete the table below to support your explanations using current exchange rates.]

Category

The U.S. Dollar

[Insert Country Selection From Course Project’s Currency]

Exchange Rate

[Insert information.]

[Insert information.]

Management and Human Resource Considerations

[Explain management practices that best address human resource considerations for your selected market, such as management approaches or staff and labor laws. Describe their impact on policies and procedures.]

[Insert your answer.]

Mode of Entry Considerations

[Considering the entry modes described in Chapter 11 of the Dunung textbook, provide the modes of entry would be most appropriate for entering your selected market.]

References

[Include any references you cited according to APA format.]

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