Week 6 Assignment 2 Submission Click The Link Above To Submi

Week 6 Assignment 2 Submissionclick The Link Above To Submit Your Assi

Imagine that you are the CEO of a successful domestic company. In the last 6 months, many potential clients in foreign countries have expressed interest in doing business with you. You know that to grow your company, you will need to expand overseas. After attending a local three-day international trade exposition and gathering brochures on foreign companies interested in partnering with your company, you decide to identify a minimum of two countries for expansion and select two expatriates to send into these countries. The expatriates will learn about the local cultures and business practices.

Your task is to prepare an eight to ten-page report for potential overseas employees, the Executive Committee, and the Board of Directors. The report should include a comprehensive guide to leveraging expatriates, based on research from the Internet, scholarly sources, and books. You may create assumptions as necessary to complete the assignment.

Paper For Above instruction

The report should begin with an analysis of the benefits and challenges of sending expatriates abroad, supported by four to six credible sources. Discuss how leveraging expatriates can benefit the organization, and suggest two specific ways to utilize this information effectively, providing justifications for each.

Next, analyze major factors influencing the choice of countries for expansion, such as geographic distance, cultural background, language barriers, existing relatives in the target countries, and knowledge of local business environments. Based on this analysis, recommend two countries for expansion, providing a clear rationale for each selection.

The report should then identify three critical criteria for selecting employees to be sent abroad, justifying why these criteria are essential. Discuss methods and incentives to motivate chosen employees to accept expatriate assignments and justify these strategies.

Furthermore, recommend one strategic approach to securing commitment from both the Executive Committee and the Board of Directors for the expansion initiative, including justification.

The report should also include recommendations for two books that expatriates should bring with them, along with rationales for these choices.

Develop a detailed expatriate relocation guide covering topics such as packing essentials, vehicle arrangements (leaving behind or shipping), furniture logistics, pet relocation, and housing options for family members staying in the foreign country for 1-2 years.

Create a framework for your presentation which includes relevant visuals, statistical evidence supporting the expansion into the selected countries, a feasibility study of the proposed expansion, land or property acquisition considerations, and any other pertinent information to build the case for expansion. Use at least four scholarly resources to support your report.

This assignment must adhere to formatting standards: double-spaced, Times New Roman, size 12 font, one-inch margins, with APA-style citations and references. Include a cover page with the assignment title, your name, the professor's name, course title, and submission date. The cover and reference pages are not part of the page count. Follow the specific grading rubric provided.

References

  • Black, J. S., Mendenhall, M., & Oddou, G. (2012). International assignments and expatriates. Routledge.
  • Harzing, A.-W., & Pinnington, A. (2011). International Business. Sage Publications.
  • Dowling, P. J., Festing, M., & Engle, A. D. (2013). International Human Resource Management. Cengage Learning.
  • Tung, R. L. (2016). Managing cross-cultural transitions. Journal of International Business Studies, 47(7), 837–846.
  • Caligiuri, P., & Bonache, J. (2016). Global talent management. Journal of World Business, 51(1), 46–53.
  • Ricks, B., & Waters, R. D. (2017). International relocation guide. Human Resource Professionals Publishing.
  • Andreason, A. (2014). Expatriate adjustment. International Journal of Human Resource Management, 25(4), 565–582.
  • Black, J. S., Mendenhall, M., & Oddou, G. (2019). Developing global leaders. Journal of International Business Studies, 50, 2–15.
  • Scullion, H., Collings, D. G., & Caligiuri, P. (2018). Global talent management. Routledge.
  • Root, P. (2015). The expatriate's handbook. Global Mobility Publications.