Problem:
Managers have to consider the relative advantages of globalization and regionalism when developing strategies for global businesses. They must formulate and implement appropriate strategies to ensure that operations are successful. Write a concept paper in which you formulate a strategy for going global within two different regions of the world. Select two larger geographic regions and specify certain countries within each. Discuss the following important issues:
* Benefits of investing in the chosen countries
* Impact of any bilateral relationships, multilateral arrangements, and regional agreements between the two countries
* Entry strategies (Exporting, licensing, franchising, contract manufacturing, turnkey operations, management contracts, joint ventures, and fully owned subsidiaries)
* Implementation of strategy in the new subsidiaries
* Details of strategic alliances (organizational structure, control systems, and labor relations)
* Concept of equality in the workplace
* Behavioral expectations from minority members in these regions
* Impact of technology on minorities in these regions
* Influence of individualism and collectivism on workers' behaviors in these regions