Purpose of global expansion

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Reference no: EM132861548

Scenario

You are a business analyst working at a small domestic organization that produces high-quality baseball bats. Your organization has begun to see its sales flatten in the domestic market. While the organization is not losing money, leadership would like to explore options to continue to grow. One option that leadership has noticed competitors attempting is entering international markets.

Question:

  • Purpose of Global Expansion: What are the key key benefits of successful global expansion for domestic organizations?
  • Business Impacts of Global Business: How can global expansion of a domestic organization impact business operations such as strategic planning, marketing, supply-chain management, human resources, and so on?
  • Societal Impacts of Global Business: How has the global expansion of organizations impacted society, citing specific examples regarding culture, transportation, employment, infrastructure, and environmental climate?
  • Cultural Considerations for Global Business: What is the importance of researching the culture of a potential global market prior to market entry, as well as key cultural considerations to explore to inform expansion decisions?

Reference no: EM132861548

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