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You will take this opportunity to reflect on the far-reaching and lasting effects of the COVID Pandemic within international business.
TASK
Part 1
Review and research 5 of the fastest growing businesses in the COVID era. In detail list your choices and explain why they have been identified as a rapid growth business. Choose one business from those you have researched that interests you the most. Your chosen business will form the foundation of the next part of your assessment.
With your chosen business in mind research and identify the international financial regulations that apply to the chosen business based on the country where this business has increased its revenue the most throughout the COVID Pandemic. Make note of compliance requirements and taxes and develop an implementation strategy that will assist the business to maintain international financial regulation and reporting standards within the country you have identified.
Part 2
Design and develop an exciting and engaging PowerPoint presentation outlining your chosen business. You MUST include country specific financial regulations that apply to the chosen business and the research and statistical information that assisted you to choose this business.
BENCHMARKS
Collaboration skills with others and co-ordination/planning processUnderstanding a marketing plan to identify organisational goals Determine the objectives and expected promotion outcomesAccess a range of information sources - market research results, information from international networking contacts, social media platforms and other online opportunitiesResearch the cultural characteristics of the target market and develop a campaign to reach the audience without causing offence or misunderstandingIdentify financial information related to international business activity for reporting and compliance purposesIdentify financial compliance requirements associated with international business activity for relevant international finance regulationsAccess processes to ensure compliance with financial compliance requirements of relevant international finance regulationsCalculate liabilities for tax in accordance with relevant legislationEnsure information is researched on the organisation's international operationsEnsure structure and format of report is a clear
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