Discuss the following:
Your paper must be at least 2 pages in length, excluding title and reference pages. Follow APA style guidelines.
You are the CEO of XYZ manufacturing company. You have decided that you would like to market your product to Turkey. Consider the following points in your paper; you can make assumptions, but support your work with facts and scholarly references:
o Discuss the reasons why your company would want to expand overseas.
o Discuss what your mode of international business would be and how moving abroad will expand sales.
o How will you minimize risks and acquire resources?
o What are the factors you may face expanding into a foreign market? How might you mitigate those barriers?
Essay
Create a paper incorporating the external influences that impact business. You should address each facet illustrated below. Your paper needs to be a minimum of three pages in length, double spaced, Times New Roman 12 point font, using APA style guidelines. The reference listings and title page do not count towards the minimum page requirement. An abstract is not required.
Your paper should also include a minimum of four sources/references, in addition to your textbook. Please do not plagiarize others' work or submit a paper you have previously submitted. All sources quoted or paraphrased should have proper in-text citations with a corresponding listing in the reference page.
You are to choose one U.S. based company that has global operations in another country. You are to discuss each facet below and how it may impact the way the company you chose does business internationally. For example, the legal systems are civil law, common law, and theocratic law. If Coca-Cola does business in Iran, how does the theocratic legal system impact the way Coca-Cola does business? Thus, you are to;
Delineate the legal systems and discuss which legal system and political ideology applies to the country you chose that the company does business in.
Delineate the economic systems and discuss which economic system applies to the country you chose that the company does business in.
Discuss the culture of the country (both verbal and nonverbal) and how it may impact the way the company does business internationally.