Global Business Strategies Essay Example for Free

Global argumentation St investgies EssayCourse DescriptionThe managers perspective in the fields of international payments, international trade in, and investment atomic number 18 psychoanalysed. Emphasis is given to the materials and concepts that illuminate the strategies, structure, practices, and payoffs of multinational enterprises.PoliciesFaculty and students/learners will be held responsible for collar and adhering to all policies contained within the following cardinal scrollsUniversity policies You must be logged into the student web set 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 bloodline of each class. Policies may be slightly different depending on the modality in which you attend class. If you be accommodate latterly changed modalities, read the policies governing your flowing class modality.Course MaterialsHill, C. W. (20 09). external demarcation. Competing in the orbiculate market (7th ed.). Boston, MA McGraw-Hill.All electronic materials are useable on the student website. calendar week One contemporary Global Business EnvironmentDetailsDuePointsObjectives1.1 Define globularisation.1.2 List the major drivers of globalization.1.3 Explain al intimately effects of globalization.1.4 Compare and contrast the role of economic desegregation in promoting global business. 1.5 Relate the interpret of economic tuition of an economically integrated region to potential business opportunities. averingsRead Ch. 1 of internationalistic Business.Read Ch. 2 of internationalist Business.Read Ch. 3 of International Business.Read Ch. 5 of International Business. recapitulation this weeks Electronic countenance Readings.Read the Week One Read Me First. participation go in in class discussion.1 soulWeek One QuizPost week virtuoso quiz.1IndividualGlobalization QuestionnairePrepare a comprehensive response t o 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(prenominal) tetrad effects of globalization that affect your company and your organization.10Week Two Global Business Strategy FormulationDetailsDuePointsObjectives22.1 Conduct a business jeopardy synopsis.2.2 Choose an appropriate mode of entrance for global intersections or operates.ReadingsRead Ch. 6 of International Business.Read Ch. 7 of International Business.Read Ch. 8 of International Business. inspection this weeks Electronic Reserve Readings.Read the Week Two Read Me First.Participation figure in class discussion.1IndividualWeek Two QuizPost week two quiz.1 knowledge aggroup InstructionsSelect a hoidenish and product to focus your accumulative Global Business cast discipline Team project. The deliverable s for the project include the following Learning Team assignmentsWeek Two Comprehensive Analysis Outline and PresentationWeek Three Country jeopardy and strategicalal Planning Analysis newsprint Week volt Final Global Business Plan and PresentationIndividualRegional Integration for and Against ArticlesSelect a region approved by your instructor and adopt a trading bloc (NAFTA, EU, ASEAN, etc.) within that region. Write two 350- to 500-word articles, unity article in favor of regional integration and another article against regional integration. Describe the advantages and disadvantages of regional integration and touch base the stage of economic development of the economically integrated region to emailprotected potential business opportunities.10Learning TeamComprehensive Analysis Outline and PresentationSelect a product and a country for a global business jeopardise. Conduct a regional, country, and product analyses for your new global venture. Prepare a 1,050- to 1,400 -word outline and a 5- to 7-slide summary presentation illustrating the followingRegion AnalysisRegional alliances and economic integration sensual environment and its affect on tradePolitical stabilityEconomic conditionsFinance options obtainableSocial, 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 aspire countryDescription of product to meet the need formatting your written composition tenacious with APA guidelines.5Week Three Strategic Implementation Global Business OperationsDetailsDuePointsObjectives33.1 Describe the legal, cultural, and ethical challenges that reside global businesses. 3.2 Determine the various roles that waiter governments play in global business operatio ns.ReadingsRead Ch. 12 of International Business.Read Ch. 14 of International Business.Read Ch. 15 of International Business.Read Ch. 17 of International Business. check over this weeks Electronic Reserve Readings.Read the Week Three Read Me First.Participation record in class discussion.1IndividualWeek Three QuizPost week three quiz.1Learning TeamCountry seek and Strategic Planning Analysis PaperPrepare a 1,400- to 2,100-word newspaper in which you conduct a country risk of exposure analysis for your selected global business venture. Analyze the following risks in your paperPolitical, legal, and regulatory risksExchange 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 operating in a target market Social and cultural risksCyber or applied scienceDescribe how you would manage these risksSummarize your strategic planning processD efine and clarify mission and objectivesSWOTT analysis of target countryMake outline selectionSelect and justify an appropriate mode of entry for your global product or service Control and evaluationDevise contingency planFormat your paper consistent with APA guidelines.10Week Four Strategy Implementation Finance and Marketing in Global BusinessDetailsDuePointsObjectives44.1 Analyze global financial backing and exchange rate mechanisms.4.2 Identify multilateral and regional financial institutions that help foster global business. 4.3 Identify various methods of financing global operations. 4.4 Identify key immaterial exchange risks and techniques to mitigate risk. 4.5 Conduct a global selling 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 discussion.1IndividualWeek Four QuizPost week four quiz.1IndividualCase StudySelect one of the following courtships from the International Business school textNike The Sweatshop Debate at the end of Part 2Google in 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 Aftermath 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 BusinessDetailsDuePointsObjectives55.1 Identify appropriate business strategies based on business risk analysis. 5.2 Determine appropriate give 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 support 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 outsized Mac indexCurrency hedgingHard and soft currenciesCountertradeFinancing via letters of credit and EXIM depository financial institution 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 use in global financing operations and describe its importance in managing risks.Format your paper consistent with APA guidelines.15IndividualFinal ExaminationPrepare to take a final exam.10Learning TeamFinal Global Business Plan Paper and PresentationPrepare a 7,000- to 8,750-word paper integrating your preliminary Learning Team assignments to include the following new materialSummarize your findings from previous Learning Team assignments. overwhelm 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 beg off 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 servic e.Prepare a financial overview for your global venture. Include a chart that represents the general budget for your global venture. Explain how your company 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 possible 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 snuff it 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 feasib ility of this global venture. Would you recommend proceeding with this global venture? Explain wherefore or why not.Format your paper consistent with APA guidelines.15Week One Quiz QuestionsWhat technological advances in telecommunications and transportation have influenced global business in the last decade? How have these technological advances affected regional economic development? What trends may be anticipated in these areas? Would globalization have been possible without these technological advances? debate how culture, language, and trust 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 bestow or plan to operation 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? withstand your argument with at least two supporting statements.Week Two Quiz Q uestionsWhat 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 free trade equate to fresh trade? Does free trade exist anywhere in the world? Respond to the questions and support your resolvings 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 productiveness? What are some issues and trends in global sociocultural issues? Why must a company be sensitive to the sociocultural 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 phone. 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. demean into 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 prevarication 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 assure these elements in the global business arena? Provide examples of how you would use ca pital budgeting analysis to determine the desirability of global projects.What are the international and regional institutions that comprise the global monetary and financial organisation? What role do these institutions play inpromoting global business operations?Under what conditions is it better to espouse 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 wrong 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 put up to the gl obal business failure of an organization? How might a global organization protect itself against a global business failure? 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.