Risk Comparison
Overview
You have been tasked with identifying a qualified country for your company’s international expansion.
Note: You may make all necessary assumptions for the completion of this assignment. While you may choose any business you wish, it is recommended that you choose a field in which you currently work or have previously worked so you are starting with more knowledge. If you choose a private organization, we ask that you alter the company name and any other identifying information to protect confidentiality.
For this assignment, you will use the resources linked below plus your own research strategies to select a qualified country for your company’s international expansion. To begin, go to the World Bank Group’s website and review the report Ease of Doing Business Rankings. Choose two countries from the list—one from the top of the rankings and one from the bottom—to complete a comparison of risks. The goal of the risk comparison is to examine the risk factors associated with expanding into the selected countries. You may discuss any of the 11 categories on the report when examining the risk to technology, payment security, security of physical goods or products, and so on in your risk comparison.
For additional information on the selected countries, visit the Central Intelligence Agency’s (CIA) The World Factbook. You may also use the Internet or Strayer databases to conduct any additional research.
Instructions
Use the basic outline below to draft your paper. Organize your responses to each question as follows:
Overview of chosen organization.
Strengths, weaknesses, and benefits of higher ranking country.
Strengths, weaknesses, and benefits of lower ranking country.
Comparison of risks and benefits, including which country you chose and why.
Choice of country for expansion and reasons for your selection.
Write a 5–7 page paper in which you do the following:
Provide a one-paragraph description of your chosen organization.
Present the main drivers supporting the decision to expand internationally.
Select your expansion strategy: export, international, multinational, or global, and explain this decision.
Provide a brief description of the higher ranking country you chose for this project. Next, analyze the various rankings provided by the World Bank or CIA World Factbook sites and discuss the strengths, weaknesses, and key benefits of this selection.
Then, examine this country’s major existing trade agreements and predict whether they will help or hamper your venture.
Provide a brief description about the lower ranking country chosen for this project.
Next, analyze the various rankings (using the World Bank or CIA World Factbook websites) and discuss the strengths, weaknesses, and key benefits of this selection.
Examine this country’s major existing trade agreements and predict whether they will help or hamper your venture.
Based on your research of comparative advantage, present the primary risks (economic, political, cultural, language, and so on) associated with expanding into the lower ranking country versus the higher ranking country.
Next, provide the competitive advantages (economic, political, cultural, language, and so on) associated with expanding into the lower ranking country versus the higher ranking country.
Based on this comparative advantage study, suggest which country is the better choice and provide a rationale for your selection.
Next, state which key factors you can identify to support your decision.
Use at least three quality references. Note: Wikipedia and other websites do not qualify as academic resources.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
Evaluate the primary risks and comparative advantage of an expansion strategy.
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Overview
You have been tasked with identifying a qualified count appeared first on Homeworkassisters.
