Introduction to International Business Requirements: You are hired as a consultant by Tokyo Inc. to prepare a report based on the undermentioned criteria. You will choose a known Caribbean Company (I'm choosing is Yao Antigua Dairy Ltd. (https://www.yaoantigua.com/) in the agro-processing sector and its product (s) with information available on the internet, that does not currently operate outside the Caribbean CARICOM region. You will conduct a comprehensive study of the international business environment (I'm choosing Canada), that is, the geography, culture, government, history, economics, and politics of a new country, outside of the region, from which you believe the company and its product (s) could operate profitably. Propose a strategy for internationalization. Looking particularly at entry strategies i.e. • exporting • licensing arrangements • partnering and strategic alliances • acquisitions • establishing new, wholly owned subsidiaries, also known as greenfield venture that could be utilized as discussed in the course. You will need to keep in mind the domestic realities of the company and its product (s) by conducting a situation analysis to start. You are also required to suggest an international strategy (Multi-domestic Strategy, Global Strategy or Transnational Strategy) after an analysis of all strategies discussed in the course. There must be at least 12 sources (use APA 7th). This must include at least 8 scholarly peer reviewed journal sources which can be found via UWILinc or Google Scholar. The following is the format which must be utilised: 2. Executive Summary must consist of  (Overview of all areas to be addressed in the paper, Purpose of the assignment and Mention of specifics as discussed in each section of the paper) 3. Background Information must include (Background of the chosen company, Detailed information on the product (s) and Detailed SWOT Analysis of the company (information on the product (s) must be included); full sentences must be included) 4. Body a. Country Analysis of chosen country with links to the product (s) chosen included. i. Geography, History ii. Political analysis iii. Economic analysis iv. Cultural analysis 1. Hofstede’s dimensions must be included as part of the analysis b. Mode of Entry Decision Criteria  i. Discussion on the five (5) entry modes as discussed in the course ii. Analysis and rationale of the chosen entry mode for the company and its product (s) in the selected country (note, the decision criteria must be feasible based on the country analysis and product (s)) c. International Strategy Criteria  i. Suggest an international strategy as discussed in the course for the company and its product (s) in the selected country based on a discussion of all strategies discussed in the course (note, the selection must be feasible based on the country analysis and product (s)) 5. Conclusion  a. Restate main points as included in each section and way forward in the future. b. Synthesize the entire paper drawing conclusions 6. Grammar  a. Mechanics, punctuation, spelling, sentence structure b. Marks will be deducted for typographical and grammatical errors

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

Introduction to International Business

Requirements:


You are hired as a consultant by Tokyo Inc. to prepare a report based on the undermentioned criteria.

You will choose a known Caribbean Company (I'm choosing is Yao Antigua Dairy Ltd. (https://www.yaoantigua.com/) in the agro-processing sector and its product (s) with information available on the internet, that does not currently operate outside the Caribbean CARICOM region. You will conduct a comprehensive study of the international business environment (I'm choosing Canada), that is, the geography, culture, government, history, economics, and politics of a new country, outside of the region, from which you believe the company and its product (s) could operate profitably. Propose a strategy for internationalization. Looking particularly at entry strategies i.e.

• exporting
licensing arrangements
• partnering and strategic alliances
• acquisitions
• establishing new, wholly owned subsidiaries, also known as greenfield venture
that could be utilized as discussed in the course. You will need to keep in mind the domestic realities of the company and its product (s) by conducting a situation analysis to start. You are also required to suggest an international strategy (Multi-domestic Strategy, Global Strategy or Transnational Strategy) after an analysis of all strategies discussed in the course. There must be at least 12 sources (use APA 7th). This must include at least 8 scholarly peer reviewed journal sources which can be found via UWILinc or Google Scholar.

The following is the format which must be utilised:

2. Executive Summary must consist of  (Overview of all areas to be addressed in the paper, Purpose of the assignment and Mention of specifics as discussed in each section of the paper)

3. Background Information must include (Background of the chosen company, Detailed information on the product (s) and Detailed SWOT Analysis of the company (information on the product (s) must be
included); full sentences must be included)

4. Body
a. Country Analysis of chosen country with links to the product (s) chosen included.
i. Geography, History
ii. Political analysis
iii. Economic analysis
iv. Cultural analysis
1. Hofstede’s dimensions must be included as part of the analysis
b. Mode of Entry Decision Criteria 
i. Discussion on the five (5) entry modes as discussed in the course
ii. Analysis and rationale of the chosen entry mode for the company and its product
(s) in the selected country (note, the decision criteria must be feasible based on the
country analysis and product (s))
c. International Strategy Criteria 
i. Suggest an international strategy as discussed in the course for the company and
its product (s) in the selected country based on a discussion of all strategies
discussed in the course (note, the selection must be feasible based on the country
analysis and product (s))

5. Conclusion 
a. Restate main points as included in each section and way forward in the future.
b. Synthesize the entire paper drawing conclusions
6. Grammar 
a. Mechanics, punctuation, spelling, sentence structure
b. Marks will be deducted for typographical and grammatical errors

Expert Solution
steps

Step by step

Solved in 10 steps

Blurred answer
Similar questions
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON