Write a 5-7 page paper setting your company’s agenda for strategic planning. Each of the following instructions includes steps to guide your work:
Explain whether your strategic planning will take an economic focus, a quality focus, an administrative focus, or some combination; clarify the types of tasks that go with the focus you select.
Select a focus for your strategic planning and identify the types of tasks that go with the focus you select. Note: You can use Chapter 8 in the textbook to provide information on strategic planning.
Justify your choice based on the needs of the company and the context of the destination country.
Develop a recommendation for entry strategy and organizational structure that balances business needs and host-country conditions.
Decide on an entry strategy for your company based on its business needs and any barriers to entry. Note: Chapter 9 in the textbook provides information about entry strategy and organizational structure.
Conduct research to discover the business needs of companies similar to yours and barriers that are particular to the destination country or similar countries.
Identify an organizational structure best suited to meet the goals of your company’s global expansion. Research the destination country or similar examples to identify organizational structures and/or cultural concerns, so that you can propose an organizational structure to suit both company and host-country priorities.
Define at least three priorities for managing political risks in the company’s global expansion that account for host-country government and/or political conditions.
Research specific political risks relevant to your destination country (or similar countries) and risks faced by other companies in the industry. This research will help you identify types of risks that are relevant to the country and the company. Note: Chapter 10 in the textbook provides information about the nature of risk, risk analysis, and risk management.
Use at least four sources to support your writing. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment. Access the library or review library guides for help with research, writing, and citation.
(SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
Develop strategic plans for global expansion that address management challenges related to international business.
Requirements: 5-7 pages