Global Business Strategies Essay

Course DescriptionThe managers perspective in the fields of international payments, international great deal, and investment atomic number 18 analyzed. Emphasis is addicted to the materials and concepts that illuminate the strategies, structure, practices, and effects of multinational enterprises.PoliciesFaculty and assimilators/learners will be held responsible for understanding and adhering to all policies contained within the following two documentsUniversity policies You essential(prenominal) be logged into the student website to view this document. Instructor policies This document is posted in the Course Materials forum.University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality.Course MaterialsHill, C. W. (2009). transnational business. Compet ing in the orbiculate marketplace (7th ed.). Boston, MA McGraw-Hill.All electronic materials are available on the student website. calendar calendar work upweek atomic number 53 Contemporary planetary business line EnvironmentDetailsDuePointsObjectives1.1 specify worldwideisation.1.2 List the major drivers of orbicularization.1.3 Explain some effects of globalization.1.4 Compare and contrast the role of economic integration in promoting global business. 1.5 Relate the stage of economic development of an economically integrated region to potential business opportunities.ReadingsRead Ch. 1 of International logical argument.Read Ch. 2 of International Business.Read Ch. 3 of International Business.Read Ch. 5 of International Business.Review this weeks Electronic Reserve Readings.Read the hebdomad One Read Me First.ParticipationParticipate in class discussion.1 individual(a)Week One screenPost week one quiz.1somebodyGlobalization QuestionnairePrepare a comprehensive respon se to the following questions in 350 words.What is globalization, and what are some of the traditional international trade theories that support the concept of globalization?List the major drivers of globalization and provide three examples of each.Explain at least four effects of globalization that profess your community and your organization.10Week Two Global Business Strategy FormulationDetailsDuePointsObjectives22.1 manage a business risk analysis.2.2 Choose an appropriate way of entry for global crossways or services.ReadingsRead Ch. 6 of International Business.Read Ch. 7 of International Business.Read Ch. 8 of International Business.Review this weeks Electronic Reserve Readings.Read the Week Two Read Me First.ParticipationParticipate in class discussion.1 one-on-oneWeek Two QuizPost week two quiz.1Learning squad InstructionsSelect a terra firma and result to focus your cumulative Global Business Plan Learning Team project. The deliverables for the project include the fo llowing Learning Team assignmentsWeek Two Comprehensive Analysis Outline and showingWeek iii Country Risk and Strategic Planning Analysis Paper Week 5 Final Global Business Plan and Presentation one-on-oneRegional Integration for and Against ArticlesSelect a region approved by your instructor and need a trading bloc (NAFTA, EU, ASEAN, etc.) within that region. Write two 350- to 500-word articles, one article in favor of regional integration and an other(a) article against regional integration. Describe the advantages and disadvantages of regional integration and relate the stage of economic development of the economically integrated region to resumeclientservicelivecareer.com potential business opportunities.10Learning TeamComprehensive Analysis Outline and PresentationSelect a product and a country for a global business venture. Conduct a regional, country, and product analyses for your sunrise(prenominal) global venture. Prepare a 1,050- to 1,400-word outline and a 5- to 7-sl ide summary presentation illustrating the followingRegion AnalysisRegional alliances and economic integrationPhysical environment and its affect on tradePolitical stabilityEconomic conditionsFinance options availableSocial, health, and environmental conditionsTerrorism threatsCountry AnalysisPolitical stabilityEconomic conditionsFinance options availablePhysical environment and its affect on tradeSocial, health, and environmental conditionsCultural considerationsOrganization and product or service analysisDescription of your organizationProduct needs assessment of the cross countryDescription of product to meet the needFormat your written paper consonant with APA guidelines.5Week Three Strategic effectuation Global Business OperationsDetailsDuePointsObjectives33.1 Describe the legal, cultural, and ethical challenges that confront global businesses. 3.2 Determine the miscellaneous roles that host governments play in global business operations.ReadingsRead Ch. 12 of International Business.Read Ch. 14 of International Business.Read Ch. 15 of International Business.Read Ch. 17 of International Business.Review this weeks Electronic Reserve Readings.Read the Week Three Read Me First.ParticipationParticipate in class discussion.1IndividualWeek Three QuizPost week three quiz.1Learning TeamCountry Risk and Strategic Planning Analysis PaperPrepare a 1,400- to 2,100-word paper in which you conduct a country risk analysis for your selected global business venture. Analyze the following risks in your paperPolitical, legal, and regulatory risks commuting and repatriation of funds risksCompetitive risk assessmentTaxation and double taxation risksMarket risks (four Ps)Distribution and supply chain risksPhysical and environmental challenges to entering and run in a target market Social and cultural risksCyber or technologyDescribe how you would manage these risksSummarize your strategic planning process correct and clarify mission and objectivesSWOTT analysis of target c ountryMake scheme selectionSelect and justify an appropriate vogue of entry for your global product or service Control and evaluationDevise contingency planFormat your paper consistent with APA guidelines.10Week intravenous feeding Strategy Implementation Finance and Marketing in Global BusinessDetailsDuePointsObjectives44.1 Analyze global financing and exchange rate mechanisms.4.2 Identify five-sided and regional financial institutions that help foster global business. 4.3 Identify various methods of financing global operations. 4.4 Identify key foreign exchange risks and techniques to mitigate risk. 4.5 Conduct a global marketing analysis for a product or service.ReadingsRead Ch. 9 of International Business.Read Ch. 11 of International Business.Read Ch. 16 of International Business.Read Ch. 18 of International Business.Read Ch. 20 of International Business.Review this weeks Electronic Reserve Readings.Read the Week Four Read Me First.ParticipationParticipate in class discussio n.1IndividualWeek Four QuizPost week four quiz.1IndividualCase StudySelect one of the following cases from the International Business TextbookNike The Sweatshop Debate at the end of Part 2Google in mainland China at the end of Chapter 4Boeing versus Airbus Two Decades of Trade Disputes at the end of Part 3 (Video is not required to complete this case.) The Russian Ruble Crisis and Its race at the end of Part 4 Molex at the end of Part 6Merrill Lynch in Japan at the end of Part 6Write a 500- to 750-word paper in which you address the following topicsDescribe the legal, cultural, and ethical challenges that confront the global business presented in your selected case study. Determine the various roles that host governments played in this particular global business operation. Summarize the strategic and operational challenges facing global managers illustrated in your selected case.Format your paper consistent with APA guidelines.15Week Five Changing Environment of Global BusinessDeta ilsDuePointsObjectives55.1 Identify appropriate business strategies based on business risk analysis. 5.2 Determine appropriate exit strategies for a global organization.ReadingsRead Ch. 4 of International Business.Read Ch. 13 of International Business.Review this weeks Electronic Reserve Readings.Read the Week Five Read Me First.ParticipationParticipate in class discussion.1IndividualWeek Five QuizPost week five quiz.1IndividualGlobal Financing and Exchange Rate MechanismsChoose one of the following topics. Prepare a 1,050- to 1,750-word paper in which you analyze one of the following global financing and exchange rate topicsPurchasing power parity and the Big Mac top executiveCurrency hedgingHard and soft currenciesCountertradeFinancing via letters of credit and EXIM Bank and commercial banks Tariff and nontariff barriersRoles of international financial institutions (e.g. IMF, World Bank, ADB, etc.) Euro currency marketsDefine your selected topic.Explain how your topic is used in global financing operations and describe its importance in managing risks.Format your paper consistent with APA guidelines.15IndividualFinal ExaminationPrepare to take a last(a) exam.10Learning TeamFinal Global Business Plan Paper and PresentationPrepare a 7,000- to 8,750-word paper integrating your previous Learning Team assignments to include the following new materialSummarize your findings from previous Learning Team assignments. involve the rationale for selecting your target country. Refer to your Learning Team Country Risk Analysis for highlights.Determine the marketing mix specific to your selected global product or service and explain your choice of marketing mix. Prepare a marketing plan that addresses product modification, pricing, promotional programs, distribution channels, and e-business in your chosen country. Include market indicators and trends for your product or service.Prepare a financial overview for your global venture. Include a chart that represents the gen eral budget for your global venture. Explain how your familiarity deals with foreign exchange risk for your global operation.Identify potential domestic and international sources of financing for your global venture. Include at least two affirmable financial institutions within your chosen region.Describe the degree to which your organization operates as a centralized versus decentralized organization. Include a chain of command chart to illustrate how communications would reach senior management from the field when events necessitate changes in tactics or strategy.What types of exit strategies would be most appropriate for your global venture? Some strategies to consider include divestiture of assets, handing over to a joint venture partner, diversification, shutting down operation, and contingencies for your global venture.Based on your findings, make final recommendations about the feasibility of this global venture. Would you recommend proceeding with this global venture? Expl ain why or why not.Format your paper consistent with APA guidelines.15Week One Quiz QuestionsWhat technological advances in telecommunications and transportation have deviated global business in the last decade? How have these technological advances moved(p) regional economic development? What trends may be anticipated in these areas? Would globalization have been possible without these technological advances?Discuss how culture, language, and religion might influence the costs of doing business in a particular country. Support your statement with examples.Discuss the following theory The study of global business is relevant if you work or plan to work in a large multinational company, but it has little or no significance for individuals who work in smaller national firms. Do you agree or disagree? Defend your argument with at least two supporting statements.Week Two Quiz QuestionsWhat is country risk analysis? How is this analysis conducted? Is country risk analysis an effective tool in determining the desirability of establishing a manufacturing site or other mode of entry?Define a trade deficit and a trade surplus. What are the implications of a long-term trade deficit or trade surplus? What techniques are available to correct balance of payment deficit or surplus?Does disengage trade equate to fair trade? Does free trade exist anywhere in the world? Respond to the questions and support your answers with examples.Week Three Quiz QuestionsWhat is the current status of the telecommunications, energy, and transportation infrastructures of the worlds fastest developing countries? What effect does importing advanced technology, such as wireless technologies, into a developing country have on that countrys telecommunications, energy, and transportation infrastructures? How do these changes in infrastructure and technology alter business productivity? What are some issues and trends in global sociocultural issues? Why must a company be sensitive to the sociocu ltural environment within the host country? What affect does sociocultural sensitivity have on a companys operations or sales within a host country?What are the major staffing policies that global organizations must consider? How must an organization choose among these staffing policies? How do you assess the effect of implementing a specific staffing policy?What are the primary functions of the foreign-exchange market? Who are the participants in the market? How do global companies use the foreign-exchange market to hedge against foreign-exchange risks?Felix, a U.S. technology company has recently developed a revolutionary wireless hollo. The product offers exciting new features along with all of the features of current products, but at a fraction of the manufacturing costs. As the international business manager of Felix, you have been asked to choose the best mode of entry into the European market. Your have the following optionsExport your product from the United States.Enter in to an alliance with a large European company.Manufacture the product in the United States and set up a wholly owned subsidiary in Europe. License a European firm to manufacture and market the phone in Europe.In preparation for your choice, list the pros and cons of each method of entry. Which choice do you present to your CEO? Support your decision.Can any product or service be marketed globally? If it sells in the United States, does it sell in another country? Explain why or why not. Can a product be marketed in the same manner in multiple countries? Defend your answer with examples. How might you relate the four Ps of marketing to customer relations management (CRM) in a global business environment?Week Four Quiz QuestionsWhat are the elements of capital budgeting? How do you determine these elements in the global business arena? Provide examples of how you would use capital budgeting analysis to determine the desirability of global projects.What are the international and regiona l institutions that comprise the global monetary and financial system? What role do these institutions play inpromoting global business operations?Under what conditions is it better to borrow funds from a domestic bank? When might it be necessary to borrow from a target country financial institution? Explain your answer.When would a firm choose to operate on a transnational basis? Under what circumstances would a firm use a localization strategy? When would an international strategy be employed? Support your answers with examples.Week Five Quiz QuestionsDescribe one exit strategy an organization may use when things go harm in a foreign country. What are some of the issues that might prompt the implementation of an exit strategy? Summarize the effect of an exit strategy on the strategic planning for a global organization?Name the factors that may contribute to the global business failure of an organization? How might a global organization protect itself against a global business fai lure? Are US ethical standards applicable worldwide? Explain your answer and provide examples. What are the consequences of failure to incorporate ethical considerations into global planning.