Imagine you are opening a business in jamaica the business

Assignment Help Business Management

Reference no: EM13369067

Imagine you are opening a business in Jamaica. The business is going to be--- the already established 5 star resort Waldorf Astoria. Basically I am to convince the CEO of the company why we should open a resort in Jamaica.

Discuss:

Market risks and competition and/or possible Cannibalization that could occur by opening the resort in Jamaica

and

Describe types of exit strategies would be most appropriate for your global venture in order to mitigate risk. Some strategies to consider include divestiture of assets, handing over to a joint venture partner, diversification, shutting down operation, and contingencies for your global venture.

This would be regarding if the business plan did not work out- but I have to keep in mind that I am still trying to convince the CEO that we want to open the business in Jamaica so I have to explain why the exit strategy that I choose will be not such a huge loss to the company. Personally I have considered a joint venture or franchise may be the option with the least loss to the company.

Reference no: EM13369067

Questions Cloud

Dynamic or transformational company - citibankselect a : dynamic or transformational company - citibankselect a dynamic or transformational company whose response to changing

Significant employee behavior issue managers confrontwhat : significant employee behavior issue managers confrontwhat is a significant employee behavior issue managers confront?

How do you think you would feel about accusing a colleague : how do you think you would feel about accusing a colleague of research misconduct?to whom would you speak to in case

Question about elements of negligencewhat are the five : question about elements of negligencewhat are the five elements of negligence and what is contributory negligence? how

Imagine you are opening a business in jamaica the business : imagine you are opening a business in jamaica. the business is going to be--- the already established 5 star resort

Importance of behavior exhibited by managersimagine you are : importance of behavior exhibited by managersimagine you are a midlevel sales manager at interclean inc. with three

Details regarding businessconsider this every organization : details regarding businessconsider this every organization department whether it be sales human resources and marketing

Business managementdo you think that being open to learning : business managementdo you think that being open to learning is critical to the ultimate in change management?what is

Conceptualizing a business explained in this solutionusing : conceptualizing a business explained in this solutionusing johnson amp johnso for the conceptualizing a business

User Account

All Pages