Expansion into a Foreign Market , Part I Due Week 4 and worth 300 points Assume that you are a consultant who has been hired by a major existing company of your choice to assist it in expanding its global operations. Options available to you range from foreign direct investment (FDI) to simple exporting to a joint venture. Your task is to select a country of your choice, other than the USA, and examine the country’s culture, politics, laws, ethics, and economics. For each of these topics, provide a supported example of the manner in which the topic in question will contribute positively or negatively to the country and its people, as well as to the company and its operations.  Note: Avoid expressing personal opinions of the market. Note: Use the Internet or the Strayer Library to research articles on the company and the economic, cultural, and political / legal aspects of the country that you selected. Write a six to eight (6-8) page paper in which you: 1. Briefly describe the company and industry of your choice that you work for in your assumed role of consultant. Next, based on your research, select the country to which you would like your company to expand. Provide a rationale for your selection of the country in question. 2. Determine the key institutional constraints that must be considered. Next, analyze whether or not the institutional constraints you determined support the market entry into the new country that you selected. 3. Conduct a VRIO (Value, Rarity, Imitability, Organization) analysis to determine whether or not conditions support the proposed market entry. 4. Analyze the major cultural and political aspects of the international business environment. Next, suggest one (1) strategic action that the company should take in order to address the associated cultural and political issues. Provide a rationale for the response. 5. Determine the option (e.g., exporting, joint venture, FDI) that you believe the company should pursue. Provide a rationale for the response. 6. Determine three (3) major difficulties that may occur based on the option you selected in Question 5. Next, suggest the best strategy that the company should leverage in order to confront each major difficulty, should it arise. Justify the response. 7. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associat.

1. Expansion into a Foreign Market
,
Part I
Due Week 4 and worth 300 points
Assume that you are a consultant who has been hired by a major
existing company of your choice to assist it in expanding its
global operations. Options available to you range from foreign
direct investment (FDI) to simple exporting to a joint
venture. Your task is to select a country of your choice, other
than the USA, and examine the country’s culture, politics, laws,
ethics, and economics. For each of these topics, provide a
supported example of the manner in which the topic in question
will contribute positively or negatively to the country and its
people, as well as to the company and its operations.
Note:
Avoid expressing personal opinions of the market.
Note:
Use the Internet or the Strayer Library to research articles on
the company and the economic, cultural, and political / legal
aspects of the country that you selected.
Write a six to eight (6-8) page paper in which you:
1.
Briefly describe the company and industry of your choice that
you work for in your assumed role of consultant. Next, based on
your research, select the country to which you would like your
company to expand. Provide a rationale for your selection of the
country in question.

2. 2.
Determine the key institutional constraints that must be
considered. Next, analyze whether or not the institutional
constraints you determined support the market entry into the
new country that you selected.
3.
Conduct a VRIO (Value, Rarity, Imitability, Organization)
analysis to determine whether or not conditions support the
proposed market entry.
4.
Analyze the major cultural and political aspects of the
international business environment. Next, suggest one (1)
strategic action that the company should take in order to address
the associated cultural and political issues. Provide a rationale
for the response.
5.
Determine the option (e.g., exporting, joint venture, FDI) that
you believe the company should pursue. Provide a rationale for
the response.
6.
Determine three (3) major difficulties that may occur based on
the option you selected in Question 5. Next, suggest the best
strategy that the company should leverage in order to confront
each major difficulty, should it arise. Justify the response.
7.

3. Use at least three (3) quality academic resources in this
assignment.
Note:
Wikipedia and other Websites do not quality as academic
resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size
12), with one-inch margins on all sides; citations and references
must follow APA or school-specific format. Check with your
professor for any additional instructions.
Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the
date. The cover page and the reference page are not included in
the required assignment page length.
The specific course learning outcomes associated with this
assignment are:
Assess
the current trends and impact of globalization on labor, business
operations, and government.
Analyze the major economic, cultural, and political / legal
aspects of the international business environment, including the
economic dynamics of foreign trade, regional and global trade
integration, and key cultural dimensions.
Apply the concepts of value creation / value chain and
formulate competitive market entry strategies that leverage the
advantages of international operations.
Use technology and information resources to research issues in
the international business environment.

4. Write clearly and concisely about the international business
environment using proper writing mechanics.