Mgm336 u5ip | MGM336 Management in International Business | Colorado Technical University

This final assignment should be entirely focused on expansion into a new national market.

Deliverable Length

• Paper: 1,500 – 1,700 words 

Paper of 1,500 – 1,700 words with citations and references

You represent a large U.S. corporation that manufactures rubber tires, and you want to begin manufacturing and distribution in another country. Choose a country that you think you would want to start a manufacturing plant in. Answer the following questions about your company and its chosen new market. Organize your paper into four sets of concerns: Chairman, Vice Chairman, Secretary and Treasurer. Select 2-3 bullet points from each perspective listed below and respond with cited research.

Chairman: 

• Discuss the macro environment of the country. 
• What is the company strategy there? 
• How will you be socially and economically responsible? 
• What would be the role of management? 
• What is the mode of entry you are going to use, and why? 
• What do you think would motivate the workers to bring about collaboration? 
• How would you design the right culturally appropriate program? 
• What kind of leadership would work in this country? 

Vice-chairman: 

• What are the political, cultural, environmental, and economic risks of doing business there? 
• If you do decide to do business there, how would you staff the operation? 
• What type of concerns would you have? 
• What do you need to consider when you recruit, evaluate, train, and deal with labor relations issues? 
• How would you select the manager?   
• What if it does not work out? 

Secretary: 

• What are some of the legal issues you would have to deal with as a company if you decide to expand there? 
• What are some of the opportunities and strengths of doing business there? 
• What are some of the cross-cultural issues you are going to have to deal with particular to engaging a team? 
• What are some of the protocols and etiquette issues you must incorporate into your business behavior? 
• How are you going to deal with management issues such as assertiveness, conflict resolution, and team building? 

Treasurer: 

• What are some of the foreign trade issues you will have to deal with? 
• What are the determinants to foreign entry there, and how would you enter there? 
• What are the 5 stages of negotiation, and how are you going to prepare for them at this international level? 
• What would be some of the political, legal, economic, and ideological issues that may come up? 
• How would you manage conflict if it should come up in the negotiations?