Imagine that you are the CEO of a successful
domestic company. In the last 6 months, many potential clients in foreign
countries have expressed a desire to conduct business with you. You know that
in order for your company to grow, you will have to expand overseas. You have
recently attended a local three (3)-day international trade exposition and have
gathered many brochures on the foreign companies interested in doing business
with your company.
After meeting with the Executive Committee of your successful domestic company,
you decide that you will need to identify a minimum of two (2) countries for
expansion and two (2) expatriates whom you will send into the chosen countries.
The selected expatriates will learn about the countries’ cultures and business
activities there. You must prepare a report for the potential employees who may
want to take an overseas assignment, the Executive Committee, and the Board of
Directors.
Use the Internet and Strayer Library to research possible countries for expansion.
Next, conduct research on leveraging expatriates over country nationals for
business overseas. Finally, research books that could help expatriates in their
transition to working overseas.
Note: You may create and / or assume all necessary assumptions needed for
the completion of this assignment.
Write an eight to ten (8-10) page paper in which you:
1.
Create a guide
to leveraging expatriates. The guide should include four to six (4-6) sources
that address benefits and challenges of sending expatriates to other countries.
2.
Examine the
major benefits that this report can provide for the organization, and suggest
two (2) uses for the information contained therein. Justify your response.
3.
Analyze the
major factors (e.g., distance, cultural background, knowledge of the related
countries, languages spoken, relatives who may live in another country, etc.)
that would influence your choice of countries into which your company would
expand. Recommend two (2) countries for expansion. Provide a rationale for your
response.
4.
Determine three
(3) criteria that you would consider when deciding which employees to send
abroad. Justify your response.
5.
Propose the
major methods and / or incentives you would use in order to encourage the
selected employees to become expatriates. Provide a rationale for your
response.
6.
Recommend one
(1) strategy to ensure that both the Executive Committee and the Board of
Directors are committed to the expansions. Justify your response.
7.
Recommend two
(2) books that the selected expatriates should take with them when they go
overseas. Provide a rationale for your response.
8.
Outline a guide
for expatriates who will reside within another country for one to two (1-2)
years. The related guide should cover the following topics: selecting items to
pack, accommodating a vehicle (i.e., leave behind or send overseas), shipping
or selling furniture, moving pets, and arranging accommodations for children
and / or family residing in another country for the discussed length of time.
9.
Develop a
framework for your presentation. The framework should include the following:
a.
Relevant visuals
b.
Statistics that
support the decision to expand into the identified countries
c.
A feasibility
study of your company’s proposed expansion to the countries in question
d.
Information
related to renting or buying land or a building
e.
Any other
information relevant to the case for expansion
10.
Use at least
four (4) quality academic resources in this assignment. Note: Wikipedia and
other similar websites do not qualify as academic resources.
