UNIT 4 Discussion Board International Markets
Deliverable Length: 500-600 words
Work citation: Minimum 2
Your first task is to begin to build your assignment which will continue into week 5 in an individual project. Below is the lead into your assignment task. You will build on this in the final IP for your final project in Unit 5IP. The purpose of this assignment is to help improve the quality of the you will complete next week.
A regional bank has decided to open an office overseas for serving those businesses that are expanding internationally. Choose a country with a that you believe would be helpful to your customer base.
Discuss some of the challenges you may face in this new environment.
o What are the cultural, ethnic, social, and educational characteristics?
Describe the political and legal systems.
How much does the government intervene in the private sector?
o How will that affect your financial institution?
What type of economic system does it have?
o What is the history of that economic system?
How is the country involved in international trade?
o How does the government get involved in trade issues?
o Will that help or hurt your financial institution?
UNIT4DB Notes from instructor:
***You will producing a framework or outline (just like a book content) + the 5 separate points (above) that our outlined in the . Those need to be addressed as well. It can be in a framework of paragraph format.***
– Describe how global managers are able to influence management decisions despite cultural and language differences.
– Discuss current management practices and principles used in the current global business environment.
– Use effective communication techniques.
– Use team and to collaborate on a project.
Notes for the UNIT4:
How will we structure our international expansion? Will we acquire an operation abroad or start from scratch? Will we use a centralized or ?
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