Week 1 project | Business & Finance homework help
1. Economic Analysis: This source will provide an understanding of the economic factors that may influence a company’s decision to expand globally, such as changes in exchange rates, labor costs, and inflation. It will also help identify any potential risks associated with expansion into certain countries or regions.
2. Market Research: This will provide insight into potential customer needs in new markets and current market trends that could be leveraged for growth opportunities abroad. It can also help identify any regulatory/legal issues that may impede successful expansion efforts within specific countries or regions.
3. Political Analysis: This source will provide information on how political changes or instability in certain countries could impact the company’s global expansion plans, as well as any relevant laws and regulations that need to be taken into account when operating abroad.
4 Financial Analysis: This source will provide an understanding of the financial resources needed to expand overseas, as well as any potential tax implications associated with operating in foreign markets. It can also help assess if there are sufficient funds available for the desired international operations.
5 Strategic Planning:This source is important for analyzing how a company should structure its global operations (e.g., joint ventures vs independent subsidiaries) and which markets it should prioritize first based on expected returns on investment (ROI).