ASSIGNMENT | Create an international business or international venture outside of the U.S

Daniels, J. D., Radebaugh, L. H., & Sullivan, D. P. (2018). International business: Environments and operations (16th ed.). Retrieved from https://www.vitalsource.com/

Prior to beginning work on this discussion forum, review the web page, Writing an Outline (Links to an external site.), and watch the video, SMART Goals – Quick Overview (Links to an external site.). Post a detailed one-page formal outline of your Final Paper for peer feedback. Include three SMART objectives of the venture you plan to create for the Final Paper in Week 5. Follow the formal outline examples provided in the Writing an Outline web page.

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Prior to beginning work on this Final Paper, review Chapters 1 through 20 in the course textbook.

The Final Paper should demonstrate your understanding of the readings and other course material. By creating an international business or an international business venture, you will utilize your subject knowledge expertise in discovering and overcoming the challenges of expanding a business to a new host country. In a 2,000- to 2,500-word paper, you should integrate readings and class discussions, and you may include explanations and examples from previous experiences as well as implications for future applications. All opinions or ideas should be supported with credible and recent data. All data used must be cited with in-text citations and a bibliography on the references page.

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In this paper, you will

Create an international business or international venture outside of the U.S. (e.g., export/import, franchising, manufacturing, joint venture, etc.)
Define the name, nature of the business, and brief background of the company and industry. Be sure this venture is created and is unique and innovative.
State the specific target market for the venture.
Create a strategic plan that includes the following (in any order you decide):
An analysis of the competitive advantage of your venture (Why will it be successful?).
A PESTLE analysis, or a similar business analysis process, of the host country.
A 6- to 12-month timeline of your venture’s expansion.
A list of SMART goals.
A summary of startup human resources and marketing concepts.
A SWOT analysis of the venture that evaluates at least four challenges and advantages and/or opportunities and threats (e.g., cross-cultural, foreign currency, legal, etc.).
Suggest recommendations to overcome the challenges and threats from the SWOT you conducted.

SAMPLE SOLUTION

1. Thesis Statement

Going global is one of the strategies through which any business can expand its ORDER YOUR PAPER AT WRITTASK.COM provides an opportunity for Express eats to have a competitive edge in the food industry. Despite the many opportunities, the company has to also contend with possible challenges that often face multinational corporations.

1.  Company background

    A. Use of franchising

          1. The company can opt to have local distributors in the Indian market who sells the company’s products. By using local distributors, it is possible for the products to easily reach the ORDER YOUR PAPER AT WRITTASK.COM franchising in the business expansion is key as it reduces the risks and liabilities that the company has to deal with. The business will not risk the capital and doesn’t have to sign many contractual…