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Introduction to Business
Assignment: Emerging Economies
Assignment: You will choose one country considered an
emerging economy, research it, and
propose to a business that they expand operations in some
way to that country.
Hereâs how: Imagine that you are a junior executive in
an American company of your choice,
writing a proposal to your CEO. Write a recommendation
that your company undertakes ONE of
the options below in the emerging economy of your choice.
1. Open a plant in that country for manufacture of products
to be shipped back to the U.S.,
2. Open a plant in that country for manufacture of products
to be sold in that country or
another foreign country,
3. Open an of?ce to serve that market, or
4. Export your existing products to that market.
The purpose of this assignment is to get you thinking âoutside
the U.Sââto try and get you to
imagine what life and business is like in countries that are
very different than ours. International
students will have an advantage here.
I also want you to try and imagine trying to conduct
business without the infrastructure that is so
widespread in American life we consider it a
given: ef?cient phone service, computer access and
dependable (usually!) connections, reliable shipping methods
over decent roads and dependable
railways, a currency that is accepted around the world,
banks that can accept and transfer money
anyplace on the planet and are safe repositories for your
companyâs earnings. Take away even
one of those things and imagine how things would change.
The United States evolved from an agrarian economy to our
current developed one in 200
years. Emerging economies are trying to compress that
process into only a few years, and itâs
proving a very bumpy road for many of them.
SUGGESTED PROCEDURE:
I. Research your chosen country.
Emerging economies include but are not limited to Singapore,
Chile, Estonia, Peru, Slovenia,
South Africa, Lithuania, Venezuela, Taiwan, Kuwait, Latvia,
Romania, Ivory Coast, Mexico,
Zimbabwe, Guatemala, Hungary, Poland, North Korea, Russia,
Vietnam, and China.
See the document, âA Few Suggestions,â for more
info. There are also a few resources listed at
the end of this assignment.
II. Write your recommendationa. You are writing as the
employee of a FOR-PROFIT business, not a non-pro?t
agency. Most, if not all, of these countries are in
dire need of the type of
assistance offered by non-pro?ts, but for this assignment we
are concentrating on
a business. You must support your proposal by pointing
out the advantages to the
business, not just to the country involved.
b. I want to see the company name in the title, salutation,
or ?rst sentence of your
paper. For exampleâ¦.
⢠âTullyâs Expansion into Ethiopiaâ (title)
⢠Memo To: John Jones, CEO
Boise Cascade Company
⢠âI propose that Boeing expand production into Namibiaâ¦.â
c. You are recommending that an identi?ed company expand a
certain type of
operation in a named country.
⢠For example, you recommend to the CEO of Starbucks that
they begin
opening stores in Romania. Better yet, recommend to Howard
Schulz
(Starbucks CEO) that they establish coffee carts rather than
the usual stores,
starting in Bucharest, because foreign investors are
forbidden bay law from
leasing more than 200 square feet of commercial property,
yet coffee is a
strong part of the Romanian culture. (This example is
facetious, of course).
⢠DONâT make a recommendation that some vague Company X open
a branch
of?ce offering unde?ned services in, oh, say, Nigeria.
⢠You will explain the advantages and challenges for your
company by covering
the following points:
? What is the size of this
market? What is the average income? Which of
your companyâs products do you see a demand for and
why? Does the size
of the market justify this expansion? Would it be the
beginning of an
expansion into a larger geographic area?
? What is this governmentâs
stance on foreign investment and U.S.
businesses operating in their country?
? What is the condition in that
country that would affect business
operations? I.e., transportation, communication,
?nancial systems,
economic conditions, culture.
== > READ THIS – READ THIS – READ THIS – READ THIS – READ
THIS <==
· DONâT include a lot of obviously copied and pasted
factoids off the Internet
(â5,000 miles of railroads, 14 radio stations and 3 TV
stationsâ¦the currency is the Naira.â) Yes, discuss the countryâs
infrastructure, but in the context of how it will
affect your proposed operation.
If I detect plagiarism (which is pitifully easy to spot), I
will not be a happy camper.
Draw your own conclusions about how it will affect your
grade.
III. Include a paragraph describing a community service
project your company will
undertake in this country.
As part of the negotiations with the foreign government, and
in part to meet your
companyâs social responsibility, your company will agree to
donate time and money
towards helping this countryâs developing economy in some
way. It could be by
providing products, services, expertise, whatever. For
example, if you are an engineering
?rm, you might oversee the building of a bridge or roads
connecting key trading areas if
that countryâs transportation infrastructure is
lacking. You will determine what this
country needs and how your company can help.
IV. Best paper writer websites, Custom term paper writing service and Research papers owl essays - Professional help in research projects for students - Cite your sources.
Include all your sources: books, newspapers, Internet,
personal interviews, video, etc. For
formatting guidelines, use MLA Style formatting. You
will ?nd an index to different style
formats at
https://essays.homeworkacetutors.com/write-my-essay/monroecc.edu/depts/library/mla.htm.
Submit two concise, organized, well-written pages of text
(that means two pages excluding
citations). Top executives are pressed for time, and
you need to deliver a good argument in a
relatively short space. Donât bore or annoy the reader
by going on at length about the countryâs
history, etc. when it is not directly tied to some point
youâre making in the proposal.
IMPORTANT NOTE:
Iâll say it again. Beware of copying and pasting off the
Internetâthis is called plagiarism,
and I will be checking your sources. By all means use
the information on the Internet, but
cite your sources and use your own words. If I identify
any plagiarism, that assignment will
automatically receive a zero.
~ Hire our professional writers now and experience the best assignment help online with our custom paper writing service. We ensure your essays and assignments are expertly researched, written and delivered on time. ~ Grading:
⢠Demonstrates understanding of conditions in the
country: 25 pts
⢠Demonstrates understanding of how American company can
advantageously trade with
this country : 8 pts.
⢠Recommended social responsibility project demonstrates
what is needed to move towards
market economy: 5 pts.
⢠Grammar, spelling, general quality of writing: 2 pts
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