Business Finance Homework Help

Prior to beginning this discussion, review Chapter 11 in the Abraham’s textbook on Diversified, Global, and Other Types of Organizations and listen to this audio snippet covering International Strategies. When companies expand into the international arena, they do so either because their home market has matured or because they see real opportunities in the foreign market.

Increasing the number of strategic business units requires a more complex business strategy. Sometimes the road to success in a foreign market can be a bumpy one. For insights into some of the more extreme cultural challenges posed when entering foreign markets as experienced by one of the United States’ largest fast food chains, read How McDonald’s conquered India (Links to an external site.) (Kannan, 2014) and McDonald’s Settles Beef Over Fries (Links to an external site.) (Grace, 2002).

For this discussion, determine whether or not the company operates in the international marketplace. If so, research the company’s international strategy and evaluate it in terms of effectiveness in regards to one of the issues below. If your company is not involved internationally, then choose one that is and evaluate that company’s international strategy in terms of effectiveness in regards to one of the following issues:

• Cultural Barriers
• Monetary Exchange Rates
• Political Instability

Then,

• Assess how your chosen issue potentially affects the strategic considerations of your organization involved in a global economic environment.
• Propose language to add to the organization’s strategic plan that addresses the potential impacts to the organization’s global strategy.
  

  Required Resources

  Text

  Abraham, S. (2012). Strategic management for organizations . Retrieved from https://content.uagc.edu/

  • Chapter 10: Ethics and Corporate Social Responsibility
  • Chapter 11: Diversified, Global, and Other Types of Organizations

  Web Pages

  Grace, F. (2002, June 05). McDonald’s settles beef over fries (Links to an external site.). Retrieved from https://www.cbsnews.com/news/mcdonalds-settles-bee…

  • This web page’s author provides information about McDonald’s experiences in India clashing with cultural norms that will assist you in your International Strategies discussion forum this week.
    Accessibility Statement (Links to an external site.)
    Privacy Policy (Links to an external site.)

  Kanna, S. (2014, November 19). How McDonalds conquered India (Links to an external site.). Retrieved from http://www.bbc.com/news/business-30115555

  • This web page’s author provides information about the adjustments McDonalds made to accommodate a different set of cultural norms in India that will assist you in your International Strategies discussion forum this week.
    Accessibility Statement (Links to an external site.)
    Privacy Policy (Links to an external site.)