International Management Project

International Management Project

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Vietnam 

3.  Social-Cultural Environment.

a. An overview of demographic trends that could influence global business activities.

b.  A description of cultural factors, social institutions, and informal trade barriers that could affect global business activities.

c.   Possible troubles and recommended actions for company.

Requirements:

For your paper on pandemics and international business, you are free to explore any related aspects of this topic, for example, what will globalization be like after this pandemic? Does globalization help dealing with pandemics? What kind of impact pandemics have on firms? What strategies different governments adopt to fight this pandemic? If you are not sure, you may send me your brief idea and I will be happy to provide comments.

MGT/IB 480 International Management

2020 Spring Group Project

 

This class is about how to be successful when conducting business internationally. To achieve that, companies conduct research to determine which foreign market they should expand to and how they should manage their international expansion. This project is designed to provide the foundation for these critical decisions of a company.

Your group takes on the role of a consultant to an existing company or a new enterprise. You need to pick a foreign country that all of you are interested in, then provide that company with a country analysis report. Within that report, you will give advice on whether that foreign market is attractive and where they can find business opportunities (can be selling existing product/service there, developing new product/service for that market, getting access to strategic resources like technology knowledge, raw materials, labor). You will collect information from library, internet and any other published resource.

Your group should include related factors from these following aspects,

1. Introduction

a. A general description of the foreign market you are interested in.

b. Recommend one or more business opportunities in that foreign market for your client. Provide evidence to support your proposal (you can provide detailed evidence in following sections).

2. Economic Geographic Environment

a. Summary of related geographic factors (can be natural resources, location, major industries, imports, and exports for the country, determined by your client).

b. An overview of the economic environment and infrastructure.

c. Possible concerns and your suggestion.

3. Social-Cultural Environment

a. An overview of demographic trends that could influence global business activities.

b. A description of cultural factors, social institutions, and informal trade barriers that could affect global business activities.

c. Possible troubles and recommended actions for company.

 

4. Political Legal Environment

a. An overview of government regulations, taxes, and formal trade barriers that affect global business activities.

b. Conditions of intellectual property rights and regulations.

c. Possible troubles and recommended actions for company.

 

5. Analyzing International Competitors

a. Identify domestic and international companies involved in similar business global business activities

b. Discuss the competitive advantages of these companies