Final Project - Business & Finance
Competencies In this project, you will demonstrate your mastery of the following competencies: Explain the drivers of globalization and how they impact business decisions Differentiate between domestic and international business environments Describe the factors that contribute to international market attractiveness and entry Scenario You are a business analyst working at a small domestic organization that produces high-quality baseball bats. Your organization has begun to see its sales flatten in the domestic market. While the organization is not losing money, leadership would like to explore options to continue growth. One option that leadership has noticed competitors attempting is entering international markets. You have been asked to examine the benefits, drawbacks, and key considerations for your organization to enter one of the global markets below, and to summarize your findings in a business brief for leadership. Select one of the following international markets to use for your course project: Canada If you would like to use another country for your course project, please reach out to your instructor. Directions Develop a business brief that explains why many organizations are investing in efforts to expand their businesses internationally, the key impacts of global business, and cultural considerations for entering the global market. You will then create a market profile and outline market considerations for your chosen international market. Use the Business Brief Template in the What to Submit section to complete this project. Drivers for Global Entry: Explain the purpose of global expansion, business impacts of global business, societal impacts of global business, and cultural considerations using evidence from course and outside resources to support your explanations. Purpose of Global Expansion: Explain key benefits of successful global expansion for domestic organizations. Business Impacts of Global Business: Explain how global expansion of a domestic 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. Market Profile: Compare and contrast important cultural, political, and economic elements of your selected market versus the United States to explain similarities and differences between cultural practices, attitudes, economic factors, and political environments. Cultural Profile: Compare and contrast important cultural elements of your selected market against those in the domestic market, including communication, values and attitudes, cultural dimensions, and so on. Political and Economic Profile: Compare and contrast important political and economic factors for your selected market against those in the domestic market, including political systems, current leaders, and economic measures or characteristics used in classification. Legal and Regulatory Profile: Compare and contrast important legal and regulatory requirements of your selected market against those in the domestic market, including trade restrictions, regulations of products or services, legal processes for business transactions, and import restrictions or documentation. Market Considerations: Compare and contrast important market considerations for your selected market against those in the domestic market. Explain the similarities, differences, and considerations for conducting business between the two markets, such as general legal and regulatory requirements, monetary and management logistics, and mode-of-entry 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, using current exchange rates between your selected country and the United States to support your explanations. Management and Logistics Considerations: Explain management and logistics practices that best address human-resource considerations for your selected market, such as management approaches or staff and labor laws and their impact on policies and procedures. Mode of Entry Considerations: Describe advantages and disadvantages for traditional modes of entry that would be most appropriate for entering into your selected market. What to Submit To complete this project, you must submit the following: Template: Business Brief (Attached) Your completed Business Brief template should be a 750- to 1,000-word Word document. Sources should be cited according to APA style. Use the attached milestones to help build the project Following the Final Project Rubric is essential for successful completion INT 220Business Brief Template Overview I work in a small domestic organization that produces high-quality baseball bats at a local level. For some time now, domestic organizational sales have begun to flatten. Even though the company is not incurring losses, the company leadership is concerned, and they would wish to attempt international markets like their competitors (Edwards, 2021). I have selected Canada as the international market because Canadas consumer preferences and desires closely resemble U.S. consumers. The intended audience for this brief is young people who are passionate about baseball games. Section One: Drivers for Global Entry Global expansion is essential for every business regardless of its size. In this case, this is a domestic company that intends to venture into international markets. Expansion attracts increased revenue because the company will have a broader market to sell its products. The expansion also helps companies to gain a higher competitive advantage as compared to competitors (Edwards, 2021). More so, expansion into international markets increases a companys customer base, which increases the marketing possibilities. International markets help companies acquire unique and diversified talents, which is essential in the current business markets. It also helps companies to utilize available resources and government funding. Business impacts of Global businesses Global business expansion has a vital impact on the operation of domestic businesses. The managers are required to have a broader strategic plan that adapts and accommodates a larger consumer base. Moreover, the domestic business will change its marketing strategies to match global marketing strategies. More so, when a company opens up into the global market, its supply chain expands as well. Therefore, unlike in the domestic market where products can be fetched from manufacturers to retail and consumers, the global supply chain might take a longer chain to reach consumers. Therefore, the business must have a strategic supply chain to ensure that the products reach consumers at the right time. Furthermore, the human resource system in a global environment is larger and more diversified as compared to the domestic one. Therefore, our company will have diversified human resource personnel that can accommodate employees from all parts of the world. Societal impacts of global business Since the company is expanding from the U.S. into Canada, it is vital to understand Canadas business. The society dictates the businesss processes and how the business will function among the people. With a global business, the US society where our company is located will increase its R&D intensity, innovation and more capital outputs. The company will also have the ability to compete with incumbents. More so, since the company will be expanding, more people will be employed to work with the company. Moreover, global businesses requires great and functional infrastructure, therefore, going global will help the society around our company to improve its transportation network to allow easier exportation and importation of goods and services. Therefore, it is essential to understand how Canadian society feels about Baseball bats before venturing into the market. Cultural considerations in a global business Different countries have different cultural beliefs, norms, and values. Understanding simple aspects such as organizational structure, salutations, and marketing strategies is essential in international markets. Section Two: Market Profile Complete the tables below to use data and statistics to support your comparisons. Words, phrases, and numbers should be used to complete the tables, not complete sentences. Cultural Profile Category United States Canada Commonly Spoken Languages English English and French Commonly Practiced Religions Christianity Catholicism Power Distance Index (PDI) 40 39 Individualism Versus Collectivism (IDV) 91 80 Masculinity versus Femininity (MAS) 62 52 Uncertainty Avoidance Index (UAI) 46 48 Long-Term Orientation Versus Short-Term Normative Orientation (LTO) 26 36 Indulgence Versus Restraint (IVR) 68 68 Political and Economic Profile Category United States Canada Political System Democratic Democratic parliament Current Leaders Joe Biden Justin Trudeau Economic Classification 17th worldwide 9th worldwide Economic Blocs Impacting Trade NAFTA NAFTA Gross Domestic Product $20.54 Trillion $1.7 Trillion Purchasing Power Parity $62680 $49032 Gross Domestic Product Per Capita $55809 $51580 Human Development Index 15th worldwide 13th worldwide Gender Development Index 15th worldwide 13th worldwide Gender Empowerment Measure 15th worldwide 10th worldwide Human Poverty Index 15.4\% 18.55 From the table above, the U.S. and Canada have various similarities. However, the most striking difference between the two countries is the Gender empowerment aspect, whereby Canada tends to be more balanced regarding gender empowerment than the U.S. Section Three: Market Considerations Complete the table below to support your explanations using current exchange rates. Exchange Rates Category The U.S. Dollar Camada Exchange Rate $1 $1=0,77 cents Legal and Regulatory Considerations It is thoughtful to venture into an international market in Canada. Canada is ranked highly in business due to the high competition it gives to competing countries. It is a dream country to trade with because of its easy legal and regulatory requirements. Canada has always maintained a liberal trade regime (Barta, 2018). Therefore, doing business in Canada is not demanding because there are no foreign exchange restrictions, and an import license is required for limited goods and items regulated through the EIPA. References Barta, W. V. (2018). An analysis of the proposed regulatory reforms for derivatives trading in Canada (Doctoral dissertation, University of British Columbia). Edwards, J. (2021). Advantages and Disadvantages of Competing in International Markets. Mastering Strategic Management-1st Canadian Edition. INT 220Business Brief Template Course Project Complete this template by replacing the bracketed text with the relevant information. Overview My organization is specialized in producing quality baseball bats at a domestic level. For some time, the organizational managers have discovered that we have flat domestic sales and intend to explore international markets for a global dimension. Therefore, the country of choice, in this case in Canada. There is a great customer base in Canada because of the youths interested in baseball. Therefore, the intended audience will be Canadian youths interested in and engaging in baseball. Section One: Drivers for Global Entry Global expansion in the baseball bats company will be vital in solving the current concerns regarding the flattening of the domestic curve. Globalizing business increases revenue generated because after exhausting opportunities at a domestic level, the company will explore new markets and access many customers, which will increase its sales (Edwards, 2021). It will also allow the company to diversify its business, gain a competitive advantage and access great talents. Global businesses impact the business and society within which the business is operating. On a business level, the company will expand and grow its capabilities. It will reach a large base of consumers, which will increase sales. More so, the company will diversify and beat the limitations within the home country. Therefore, the company will explore other opportunities and tap them into the existing baseball bats business (Barta, 2018). Expanding the business into the international market impacts society by creating employment for the unemployed, improving infrastructure meant for transportation, and increasing societys economy because of the foreign currency and revenue provided. There are various cultural considerations when going global. Therefore, the company should consider the language, material, ethics and values, religion, and the social organization of Canada before delving into the international market. Section Two: Market Profile Complete the tables below to use data and statistics to support your comparisons. Words, phrases, and numbers should be used to complete the tables, not complete sentences. Cultural Profile Category United States Canada Commonly Spoken Languages English French and English Commonly Practiced Religions Christianity Christianity (Catholicism) Power Distance Index (PDI) 40 39 Individualism Versus Collectivism (IDV) 91 80 Masculinity versus Femininity (MAS) 62 52 Uncertainty Avoidance Index (UAI) 46 48 Long-Term Orientation Versus Short-Term Normative Orientation (LTO) 26 36 Indulgence Versus Restraint (IVR) 68 68 Political and Economic Profile Category United States Canada Political System Democratic Democratic parliament Current Leaders Joe Biden Justin Trudeau Economic Classification 17th worldwide 9th worldwide Economic Blocs Impacting Trade NAFTA NAFTA Gross Domestic Product $20.54 Trillion $1.7 Trillion Purchasing Power Parity $62680 $49032 Gross Domestic Product Per Capita $55809 $51580 Human Development Index 15th worldwide 13th worldwide Gender Development Index 15th worldwide 13th worldwide Gender Empowerment Measure 15th worldwide 10th worldwide Human Poverty Index 15.4\% 18.55 There are various similarities in the political and economic profile for the U.S. and Canada. They are similar in the political system and economic blocks. However, they also show the striking differences in the Gender empowerment, GDP, purchasing power, and economic classification aspects. For instance, Canada is more balanced on gender empowerment than the U.S. Section Three: Market Considerations Complete the table below to support your explanations using current exchange rates. Exchange Rates Category The U.S. Dollar Canada Exchange Rate $1 $1=0,77 cents Legal and Regulatory Considerations Canada maintains a liberal trade regime (Barta, 2018). The federal ITA and the ETA regulate the tax regime in Canadas business and individual businesses. Therefore, when doing business in Canada, the baseball bats company will not face foreign exchange restrictions because only import licenses are required to ensure limited goods and items regulated through the EIPA. References Barta, W. V. (2018). An analysis of the proposed regulatory reforms for derivatives trading in Canada (Doctoral dissertation, University of British Columbia). Edwards, J. (2021). Advantages and Disadvantages of Competing in International Markets. Mastering Strategic Management-1st Canadian Edition. INT 220 Business Brief Template Course Project Complete this template by replacing the bracketed text with the relevant information. Overview [Summarize the business problem, country selected, and intended audience for this business brief. Make sure to use complete sentences.] Section One: Drivers for Global Entry [Explain the purpose of global expansion, the business and societal impacts of global business, and cultural considerations for global business. Use evidence from course and outside resources to support your explanations, and use complete sentences.] Section Two: Market Profile Complete the tables below to use data and statistics to support your comparisons. Words, phrases, and numbers should be used to complete the tables, not complete sentences. Cultural Profile 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.] Masculinity Versus Femininity (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 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.] Gross Domestic Product Per Capita [Insert information.] [Insert information.] Human Development Index [Insert information.] [Insert information.] Gender Development Index [Insert information.] [Insert information.] Gender Empowerment Measure [Insert information.] [Insert information.] Human Poverty Index [Insert information.] [Insert information.] [Compare and contrast important political and economic factors for your selected market against those in the domestic market, including political systems, current leaders, and economic measures or characteristics used in classification.] Section Three: Market Considerations Complete the table below to support your explanations using current exchange rates. Exchange Rates Category The U.S. Dollar [Insert Country Selection From Course Project’s Currency] Exchange Rate [Insert information.] [Insert information.] Legal and Regulatory Considerations [Compare and contrast important market considerations for your selected market against those in the domestic market. Explain the similarities, differences, and considerations for conducting business between the two markets, such as general legal and regulatory requirements, monetary and management logistics, and mode-of-entry considerations.] References [Include any references you cited according to APA format.]
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Your assignment may be more than 5 paragraphs but not less. INSTRUCTIONS:  To access the FNU Online Library for journals and articles you can go the FNU library link here:  https://www.fnu.edu/library/ In order to n that draws upon the theoretical reading to explain and contextualize the design choices. Be sure to directly quote or paraphrase the reading ce to the vaccine. Your campaign must educate and inform the audience on the benefits but also create for safe and open dialogue. A key metric of your campaign will be the direct increase in numbers.  Key outcomes: The approach that you take must be clear Mechanical Engineering Organic chemistry Geometry nment Topic You will need to pick one topic for your project (5 pts) Literature search You will need to perform a literature search for your topic Geophysics you been involved with a company doing a redesign of business processes Communication on Customer Relations. Discuss how two-way communication on social media channels impacts businesses both positively and negatively. Provide any personal examples from your experience od pressure and hypertension via a community-wide intervention that targets the problem across the lifespan (i.e. includes all ages). Develop a community-wide intervention to reduce elevated blood pressure and hypertension in the State of Alabama that in in body of the report Conclusions References (8 References Minimum) *** Words count = 2000 words. *** In-Text Citations and References using Harvard style. *** In Task section I’ve chose (Economic issues in overseas contracting)" Electromagnetism w or quality improvement; it was just all part of good nursing care.  The goal for quality improvement is to monitor patient outcomes using statistics for comparison to standards of care for different diseases e a 1 to 2 slide Microsoft PowerPoint presentation on the different models of case management.  Include speaker notes... .....Describe three different models of case management. visual representations of information. They can include numbers SSAY ame workbook for all 3 milestones. You do not need to download a new copy for Milestones 2 or 3. When you submit Milestone 3 pages): Provide a description of an existing intervention in Canada making the appropriate buying decisions in an ethical and professional manner. Topic: Purchasing and Technology You read about blockchain ledger technology. Now do some additional research out on the Internet and share your URL with the rest of the class be aware of which features their competitors are opting to include so the product development teams can design similar or enhanced features to attract more of the market. The more unique low (The Top Health Industry Trends to Watch in 2015) to assist you with this discussion.         https://youtu.be/fRym_jyuBc0 Next year the $2.8 trillion U.S. healthcare industry will   finally begin to look and feel more like the rest of the business wo evidence-based primary care curriculum. Throughout your nurse practitioner program Vignette Understanding Gender Fluidity Providing Inclusive Quality Care Affirming Clinical Encounters Conclusion References Nurse Practitioner Knowledge Mechanics and word limit is unit as a guide only. The assessment may be re-attempted on two further occasions (maximum three attempts in total). All assessments must be resubmitted 3 days within receiving your unsatisfactory grade. You must clearly indicate “Re-su Trigonometry Article writing Other 5. June 29 After the components sending to the manufacturing house 1. In 1972 the Furman v. Georgia case resulted in a decision that would put action into motion. Furman was originally sentenced to death because of a murder he committed in Georgia but the court debated whether or not this was a violation of his 8th amend One of the first conflicts that would need to be investigated would be whether the human service professional followed the responsibility to client ethical standard.  While developing a relationship with client it is important to clarify that if danger or Ethical behavior is a critical topic in the workplace because the impact of it can make or break a business No matter which type of health care organization With a direct sale During the pandemic Computers are being used to monitor the spread of outbreaks in different areas of the world and with this record 3. Furman v. Georgia is a U.S Supreme Court case that resolves around the Eighth Amendments ban on cruel and unsual punishment in death penalty cases. The Furman v. Georgia case was based on Furman being convicted of murder in Georgia. Furman was caught i One major ethical conflict that may arise in my investigation is the Responsibility to Client in both Standard 3 and Standard 4 of the Ethical Standards for Human Service Professionals (2015).  Making sure we do not disclose information without consent ev 4. Identify two examples of real world problems that you have observed in your personal Summary & Evaluation: Reference & 188. Academic Search Ultimate Ethics We can mention at least one example of how the violation of ethical standards can be prevented. Many organizations promote ethical self-regulation by creating moral codes to help direct their business activities *DDB is used for the first three years For example The inbound logistics for William Instrument refer to purchase components from various electronic firms. During the purchase process William need to consider the quality and price of the components. In this case 4. A U.S. Supreme Court case known as Furman v. Georgia (1972) is a landmark case that involved Eighth Amendment’s ban of unusual and cruel punishment in death penalty cases (Furman v. Georgia (1972) With covid coming into place In my opinion with Not necessarily all home buyers are the same! When you choose to work with we buy ugly houses Baltimore & nationwide USA The ability to view ourselves from an unbiased perspective allows us to critically assess our personal strengths and weaknesses. This is an important step in the process of finding the right resources for our personal learning style. Ego and pride can be · By Day 1 of this week While you must form your answers to the questions below from our assigned reading material CliftonLarsonAllen LLP (2013) 5 The family dynamic is awkward at first since the most outgoing and straight forward person in the family in Linda Urien The most important benefit of my statistical analysis would be the accuracy with which I interpret the data. 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The team is currently using an I would start off with Linda on repeating her options for the child and going over what she is feeling with each option.  I would want to find out what she is afraid of.  I would avoid asking her any “why” questions because I want her to be in the here an Summarize the advantages and disadvantages of using an Internet site as means of collecting data for psychological research (Comp 2.1) 25.0\% Summarization of the advantages and disadvantages of using an Internet site as means of collecting data for psych Identify the type of research used in a chosen study Compose a 1 Optics effect relationship becomes more difficult—as the researcher cannot enact total control of another person even in an experimental environment. Social workers serve clients in highly complex real-world environments. 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After establishing where each member is in relation to the family A Health in All Policies approach Note: The requirements outlined below correspond to the grading criteria in the scoring guide. At a minimum Chen Read Connecting Communities and Complexity: A Case Study in Creating the Conditions for Transformational Change Read Reflections on Cultural Humility Read A Basic Guide to ABCD Community Organizing Use the bolded black section and sub-section titles below to organize your paper. For each section Losinski forwarded the article on a priority basis to Mary Scott Losinksi wanted details on use of the ED at CGH. He asked the administrative resident