ASSIGNMENT HELP | What elements of the national business environment might affect your move?

MAN 3600 Assignment

In this assignment, you will produce a report based on the following scenario. Imagine that you and a group of your fellow classmates own a company that manufactures cheap sunglasses. To lower production costs, you want to move your factory from your developed country to a more cost-effective nation. Choose a prospective country to which you will move production. In your report, please address the following elements.

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• What elements of the national business environment might affect your move?
• Are there obstacles to overcome in the international business environment?
• How will managing your company be different when you undertake international activities?
• What challenges will you face in managing your new employees?
• Please submit your report (2–3 pages) in .doc or .docx format. Detailed grading rubric is attached.

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The introduction provides a sufficient background on the topic and previews the major points

• Central theme/purpose is immediately clear
• Structure is clear, logical, and easy to follow
• Subsequent sections develop/support the central theme
• Conclusion/recommendations follow logically from the body of the paper
• Writer compares/contrasts/integrates theory/subject matter with work environment/experience
• At an appropriate level, the writer analyzes and synthesizes theory/practice to develop new ideas and ways of conceptualizing and performing

MODEL ANSWER

Migrating manufacturing from the US to a low-cost country is a critical idea for our company in its cost reduction strategy. Our company, Bain Sunglasses wishes to move its factory from the US to | PLACE YOUR ORDER NOW AT writtask.com | elements of the national business environment that might affect the move, analyzes the obstacles that will need to be overcome in the process, and presents ways in which the management of the company in the new location | PLACE YOUR ORDER NOW AT writtask.com | analyze the challenges that might be faced in managing the new employees in the new location.

Elements of The National Business Environment

Various elements of the national business environment might affect the move by Bain | PLACE YOUR ORDER NOW AT writtask.com | the political environment, technological issues, legal factors, and | PLACE YOUR ORDER NOW AT writtask.com | the East Africa region that has witnessed rampant incidences of political instability that hamper business. The political environment in Uganda will ultimately impact our business significantly.

Secondly, the country is not as technologically | PLACE YOUR ORDER NOW AT writtask.com | will have to ship many of its machinery and technology to Uganda in order to operationalize the | PLACE YOUR ORDER NOW AT writtask.com | policies and regulations governing the conduct of business such as taxation rules will also impact the operations | PLACE YOUR ORDER NOW AT writtask.com | be impacted by the socio-cultural elements in Uganda including the demographics, population as well as dominant cultural trends.

Obstacles to Overcome

Some of the obstacles that the business will have to overcome in the international business environment include local competition, tax codes and compliance issues, and supply | PLACE YOUR ORDER NOW AT writtask.com | might face stiff competition | PLACE YOUR ORDER NOW AT writtask.com | established local businesses in the | PLACE YOUR ORDER NOW AT writtask.com | be overcome by building relationships with local businesses to gain local knowledge and expertise to navigate the local competition.

A second obstacle would be how to cope with new tax codes and ensure compliance with the | PLACE YOUR ORDER NOW AT writtask.com | a new territory implies encountering new taxes, fees, and tariffs which the company will have to comply with. Due diligence is required to ensure knowledge of the tax and compliance issues in the new country before setting up | PLACE YOUR ORDER NOW AT writtask.com | also face challenges in managing suppliers and | PLACE YOUR ORDER NOW AT writtask.com | and complexity of supply chains might increase the chance of dealing with suppliers with unethical or illegal business practices which may impact the reputation of the company.

How Will Managing My Company Be Different Managing the company when it undertakes international activities will be different on | PLACE YOUR ORDER NOW AT writtask.com | organizational structure will change to include the | PLACE YOUR ORDER NOW AT writtask.com | ects present in the new location. Besides, the company…