challenges you may face in a new business environment

A regional bank has decided to open an office overseas for serving those businesses that are expanding internationally. Choose a country with a large financial center that you believe would be helpful to your customer base.

  • Discuss some of the challenges you may face in this new environment.
    • 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?
    • How will that affect your financial institution?
  • What type of economic system does it have?
    • What is the history of that economic system?
  • How is the country involved in international trade?
    • How does the government get involved in trade issues?
    • Will that help or hurt your financial institution?
  • Will your presence in this country be helpful in your attempts to invest in other developing countries?
  • Is this country involved in any regional integration efforts? How so?
  • Why did you choose this location for your bank?
  • As a manager, what would be your overall assessment about whether you want to pursue opening an office there?
    • Are the financial risks worth taking?
    • Will it be beneficial to all of the stakeholders?

If you decide to pursue this, what type of presence do you think would be best suited to your objectives?

  • How should the plant be financed?
  • Should they hedge foreign exchange or something else? Explain.
  • Identify 3 foreign exchange instruments you would recommend?
  • What, if any, government regulations that would affect earnings and cash flow should they be aware of?
  • Include the need to be aware of inflation and interest rates and how it affects exchange rates.
  • Keep in mind that the country that the plant is in does not necessarily have to be where the financing is done.

 

  • Discuss current management practices and principles used in the current global business environment.
  • Summarize the opportunities and risks of doing business in foreign countries.
  • Explain how differences between foreign and domestic environments impact the conduct of business.
  • Describe how global managers are able to influence management decisions despite cultural and language differences.
  • Compare alternative organizational structures for international operations.
  • Discuss strategies organizations can pursue for international market expansion.
  • Use effective communication techniques.
  • Use team and problem-solving skills to collaborate on a project.Place your order now for a similar paper and have exceptional work written by our team of experts to guarantee you A Results

    Why Choose US

    6+ years experience on custom writing
    80% Return Client
    Urgent 2 Hrs Delivery
    Your Privacy Guaranteed
    Unlimited Free Revisions

Is this question part of your Assignment?

We can help

Our aim is to help you get A+ grades on your Coursework.

We handle assignments in a multiplicity of subject areas including Admission Essays, General Essays, Case Studies, Coursework, Dissertations, Editing, Research Papers, and Research proposals

Header Button Label: Get Started NowGet Started Header Button Label: View writing samplesView writing samples