Abstract This paper argues that Dr Collins should refrain from investing in this Mexican restaurant project. The author cites lack of originality in the chicken dish recipe, the proof that Canadians simply do not like Mexican food and research revealed that tough competitors, such as Taco Bell, already in this limited market. The paper relates that the amount of sales needed to simply break even this restaurant could not make a lucrative profit.
From the Paper "This business study will examine a Mexican fast food chain should be opened in Quebec. The research of Dr. Collins and his investors group have analyzed and projected the possibilities of this type of restaurant in Canada. However, due to the lack of interest in Mexican restaurants already in Canada, this would be a bad investment choice. The initial studies that discovered that the fast food chain Dr. Collins was investigating had stolen a recipe from another food chain in California is not a good sign."
Abstract This paper describes the complexities involved in entering the Chinese market. The author points out Chinese labor contracts and labor laws. The paper relates the three basic laws impacting foreign businesses.
From the Paper "While the potential for profits associated with doing business in China is substantial, many companies expanding into China have begun to recognize that transferring business operations there is fraught with complexities. As the fastest growing market on the globe, China is a desirable and ultimately necessary market; this alone dictates that manufacturers as well as firms providing support to manufacturing entities create a presence in the country. Extensive pre-investment planning is needed if this project is to be successful. "
Abstract This paper explores the growth and success of multinational organizations today. The paper then discusses the need for a company to be aware of the language, culture, politics and laws of the country it is expanding into. The paper also explains the law of comparative costs in international trade, how the international financial market works, the factors that have affected the process of economic globalization and the role of strategic planning in international business. The paper predicts that the future of international business is bright.
Outline:
Abstract
The International Business Imperative
Culture and International Business National Trade and Investment Policies
Politics and Laws
The Theory of International Trade and Investment The International Economic Activity of the Nation: The Balance of Payments
International Financial Markets
Economic Integration
Market Transitions and Development
International Business Research
International Business Entry
Multinational Corporations
Strategic Planning in International Business International Marketing
International Services
International Logistics and Supply-Chain Management
Multinational Financial Management
Countertrade
International Accounting and Taxation
International Human Resource Management
Organization, Implementation, and Control of International Operations, and their Future
From the Paper "Revolutionary changes in technologies have provided the mechanisms that propel the growth of international business. The intensification of competition at both domestic and international levels has driven firms to look beyond their domestic markets for new opportunities. The progressive removal of barriers to trade and capital movements has stimulated greater flows of exports, imports and foreign direct investment (FDI). Multinational enterprises have emerged as the key agents of international economic co-ordination. They provide the capability to generate innovations and deliver new goods and services to the market; they also provide the capability to exploit these technological advances at a global level; and they are a depiction of the capacity of international managerial co-ordination to operate efficiently across international boundaries. Furthermore, the growing economic strength of the newly-industrializing countries (e.g. Taiwan, Hong Kong, Singapore, Korea) and the opening up of China and Eastern Europe have provided an additional stimulus to international business activities (Wei)."
Abstract This paper explores some of the issues involved in American investment in China. The paper shows how such investments allow us to learn a great deal about the specific relationship between the United States and American investors and the Chinese government and Chinese business people. It also demonstrates some of the many complexities involved in the foreign investment procedure.
From the Paper "Investing in a foreign nation can prove highly profitable for companies or groups of independent investors (or government entities themselves), but it is also a strategy that contains a great deal of risk. There are, however, well-established ways of reducing the risk to the foreign investor. The most important of these is in fact the same way that one reduces risk in any investment, which is to become as knowledgeable as possible about the present and future conditions that will affect that investment. The difficulties with foreign (over domestic) investment arise primarily from the fact that there are more conditions to be considered in foreign investment as well as the fact that it may be more difficult for the investor to obtain accurate information about conditions in another country. This is likely to be especially true of countries that are relatively closed to foreigners. This paper explores some of the issues involved in American investment in China. Such investments allow us to learn both a great deal about the specific relationship between the United States and American investors and the Chinese government and Chinese business people but also demonstrates something of the complexities that obtain in any case of foreign investment."
Abstract This paper provides a guide in doing international business with Asia and enumerates the different business and cultural practices of the major Asian countries. The paper states that it is necessary to understand these cultural differences in order to make transactions successful. The paper also relates that Asia is an ideal area for expanding western business because labor is inexpensive and the Asian region is eliminating trade barriers in order to solicit investments from the west. In addition, many Asian countries such as the Philippines and India are ideal places to invest in and the majority of the population is fluent in English. The paper concludes that knowledge is the key to international business, as the more you are acquainted with and understand the cultures, the greater the possibility of success.
Outline:
Introduction
Cross-Cultural Communication
The World and Asian Economy
Doing Business in Asia
Cultural Differences
Doing Business in China
Japan and its Culture
Doing Business in Japan
Doing Business in Hong Kong
Doing Business ini Southeast Asia
Doing Business in Indonesia
Doing Business in Singapore
Doing Business in the Philippines
Summary
From the Paper "Usually during Christmas time, it is customary for business negotiators to give tokens of appreciations to all the people who have been helpful in letting you push through with the business transactions. These people might include the security guards for the mere act of letting you in the building and to the secretaries for making sure that your messages are received by the potential Filipino business partner. Gifts could range from baskets of goodies to company giveaways to plain calendars or office items with your company logo."
Tags:business, conventions, developing, rapport, communication
Abstract This paper explores the potential benefits of doing business in China. The paper begins with a background analysis of China's history and current economic, political and social status. The paper then uses real life examples to review the benefits in investing in what it says is one of the stronger of the world's emerging markets. As a number of Western companies are considering China as an appropriate market for long-term expansion, the writer uses the example of Colgate-Palmolive, one of the most successful consumer product manufacturers in the world, to illustrate the advantages of investing in China.
From the Paper "In practice, most significant political decisions are made by a few key leaders of the Chinese Communist Party. Ministries or the Standing Committee of the National People's Congress (China's legislature) formulate policy on day-to-day issues. Some provincial governments, especially those in fast-growing coastal regions, actively adopt local policy variations. Senior political figures generally agree on the need for further economic reforms and the need for political stability, but there are differences over the content, pace, and ending point of reforms."
Tags:investment, corporations, chinese, colgate, palmolive, communism, government
Abstract The paper compares Turkish and American businesses and maintains it is evident that the cultures of each country have an affect on the manner in which organizations conduct their business affairs. The paper points out that although the United States has a much more direct approach to the matter of business, Turkey demonstrates that business, although important to the Turkish people, is secondary to the cultural inclusions that are significant in society. The paper explores how Turkish business is different from America business, in that the Turkish customs would be new to most Americans traveling abroad.
Abstract This paper evaluates Southcorp Limited. It discusses the difficulties experienced by Southcorp in many areas of its management, and as a result, its large financial losses. The paper examines Southcorp's business activities and looks at the reasons for Southcorp's expansion and analyzes the problems associated with expansion. The paper explains that in an attempt to improve its results, Southcorp has re-organised its management, which includes removal of one level of middle management, and the appointment of John Ballard as Chief Executive Officer. The paper shows how Mr Ballard has implemented Project Veraison, which is designed to improve Southcorp's performance by reducing costs in 50 key areas of the business. The paper includes pie charts, maps, tables and appendices.
Outline:
General information about Southcorp Limited.
Business Activities
Reasons for Expansion: Minimising Competitive Risk, Development of Global Consumer Markets, Creating Economies of Scale, Changing Government Regulations, Technology.
Methods of Expansion: Expansion, Diversification, Foreign Direct Investment.
Issues/Problems Associated with Expansion: Social/Cultural Issues, Political Issues, Legal Issues, Economic Issues.
Success/Failure of Southcorp's Expansion Program
Financial Management: Methods of Payment, Credit Risks, Hedging, Derivatives, Insurance, Obtaining Finance
Conclusion
From the Paper "Southcorp began operations as an independent company in 1993, after it separated from its parent company, South Australian Brewing. Southcorp became Australia's largest wine producer in 2002. During the mid 1990s, Southcorp diversified its operations into industries such as electrical goods, water heating and packaging. These diverse operations were a financial disaster and costly to the business, and in the late 1990s Southcorp began do divest itself of all its non-wine related businesses. In February 2001 Southcorp announced an AU$1.5 billion merger/takeover with Rosemount Estates, "the most successful wine company in the world in terms of [the size of its] return on equity"3. However, the merger has been described as "nothing short of a disaster" after disappointing financial results. The Rosemount Estate brand name, for example, was revalued at only AU$340 million (AU$240 million down from before the merger), and, partly because of this, the company recorded an AU$922.9 million loss for the Financial Year ending June 30, 2003 (FY2003)."
Abstract This paper states the importance of today's manager's abilities to make effective use of war game theory. The logical inference is that the potential "winner" is the company best organized to fight the continuing business battles. The paper points out that the best warfare paradigm for Internet companies is "guerrilla warfare". The paper concludes that perhaps the best way to win is through increased investment in research. The reference is to Europe.
Table of Contents
Introduction
Business as a Battlefield
Learning to Pick Winners
Developing Winning Forces
Conclusion: To the Victor Belong the Spoils
From the Paper "It is generally conceded that a military leader must take a long-term view; indeed, the higher the rank, the further the required vision. While the troops will be working towards known and established battle goals, the leader must look further ahead so that these goals are selected wisely.
By thinking about the eventual consequences of different plans, the leader selects the optimal plan for the team and implements it. By taking account of the needs not only of the next campaign, but the campaign after that, the manager ensures that work is not repeated nor problems tackled too late, and that the necessary resources are allocated and arranged."
Abstract This paper analyzes how Austrians are staunch believers in the gold standard, which puts them in conflict with economists all over the world that favor the current system of fiat money. It looks at how the Austrian theory of the business cycle is based on the idea of an economy-wide disturbance that happens to the market process, resulting in a downturn that is cyclical, how Austrians place a great emphasis on their business cycle, and how their theory has withstood significant criticism. It discusses how Austrians support this type of economic readjustment because they believe that it eliminates weak firms and poor investments that negatively impact the economy.
From the Paper "The Austrian's theory is intuitive but its simplification of the process makes further explanation necessary. In most economies, expansionary policies are undertaken more than once. This makes the situation more complex as individuals begin to expect inflation and act accordingly. When people begin to expect inflation, sometimes prices actually rise faster than new money is being created. The effect of this is to create a shortage of money in the economy. While policy makers may argue that this phenomenon is a sign that still more money should be put in circulation, Austrians strongly disagree. They maintain that increasing the money supply further will only worsen the problem (Rasho, 2003)."
Abstract The paper discusses the issue of staff training and return on investment. It looks at the relationship of training to a company's goals and objectives and the concept of ROI (return on investment).
From the Paper "There is little doubt that contemporary organizations particularly those that define themselves as learning organizations intent upon enhancing workers' knowledge and skills emphasize training as part of ..."
This paper is a global business plan including a budget and financial overview, a financial analysis in terms of currency risk management and financing.
Abstract This paper discusses what financial organizations and resources would be used to achieve global expansion and evaluates the financial health of the UK. The author determines potential domestic and international sources of financing for project, establishes the investment levels within assumed time-frame, estimates budget percentages and relates profits and repatriation of funds. The paper outlines a most favorable financial structure.
From the Paper "Determining the financial health of the United Kingdom, according to the "CIA World Factbook", the U. K., a leading trading power and financial center, is one of the quarter of trillion dollar economies of Western Europe. Over the past two decades, the government has greatly reduced public ownership and contained the growth of social welfare programs. Agriculture is intensive highly mechanized and efficient by European standards producing about .... of food needs with only .... of the labor force."
Tags: Global business plan, budget, financial overview, global venture, financial analysis, currency risk management, financial organizations, resources, financial health of country selected, potential domestic and international sources of financing, investment lev
Abstract This paper is a final analysis and recommendation following a proposal to engage in foreign direct investment in Lithuania. Despite the potential benefits of such a move, the report ultimately concludes that it would be unwise to invest in Lithuania at this time. It looks at how rampant political instability combined with a rising current account deficit undermines investor confidence in the Baltic nation.
From the Paper "Proposed is the possible expansion of business operations into Lithuania via foreign direct investment. The possibility of investing in Lithuania first came up when some members of the company recognized that, as a nation, Lithuania was offering incredible intriguing incentives for business investment. The opportunity was obvious. In addition to incentives for investment, Lithuania also boasts low barriers to entry, and generally high GDP growth rates over the past decade. Naturally, the small Baltic nation seemed an obvious choice for investment. However, further investigation revealed that there were significant, if less apparent, problems for the investor in Lithuania. Politically, the nation is quite unstable. The government has changed hands several times in the last few years, generally under scandalous terms. Recently, some legislative friction has emerged regarding Lithuania's proposed adoption of the Euro. "
Abstract The paper focuses on the increased focus on acquisitive success and the display of wealth throughout the middle class and the ever-increasing habit of the American consumer to rely on credit. The paper then turns to the serious ethical violations throughout the mortgage and loan industry and a large spectrum of the major investment securities industries that ignited this crisis. The paper contends that avoiding similar disasters in the future will require a re-examination of corporate ethics that should also include a re-evaluation of so-called middle class values of contemporary Americans.
Outline:
Background, History, and Evolution of the Problem
The Contemporary American Consumer as the Ideal Lendee
The Concept of Mortgage Banking
The Housing Bubble
Multiple Ethical Violations Provide the Ignition for Economic Disaster
Considering the Damage Caused by Unethical Business Strategies and Credit Practices
Conclusion
From the Paper "During the 20th century, the United States emerged as the most prosperous nation on earth with living standards and economic opportunities that were the envy of much of the rest of the modern world. For most of the century, the American middle class enjoyed the comforts of a lifestyle that exceed those that have ever been available to most people who have ever lived.
"Just as many philosophers and social theorists have explained, the relatively widespread availability of modern convenience to the masses typically triggers a form of social status competition defined purely by relative wealth in comparison to others rather than defined by the objective value of highly prized trappings of financial success. In many respects, many people's personal identity and feelings of self-worth are substantially predicated on their ability to project an inflated image of their financial worth and perceived "class" designation."
Abstract The paper is an extensive, detailed and long-term business plan for a company by the name of Gadgers which is an online store specializing in electronic gadgets such as, but not limited to, car electronics, audio players, games consoles, video equipment, baby monitors, surveillance equipment, and other popular electronic items. The company is an independent ecommerce, retail online business, providing consumers with the opportunity to purchase branded merchandise at low prices. The paper includes tables, graphs, and a glossary of terms.
Table of Contents:
General overview
What We Offer
Location
Market product and service
Management expertise
Reasons why the business will succeed
Business Goals
S.M.A.R.T (Specific, Measurable, Achievable, Realistic, Timely)
Short term 0-2 years
Medium term 3-5 years
Long term over 5 years
Summary of financial needs and application of funds
Summary of earnings projection
Security you are prepared to pledge
Management
List of owners
List of Support Business Advisors Who Will Formally Offer Business Advice
Important employee regulations and policies
Mission Statement
Business Description
Marketing Plan
Price comparison among competitors and benefits analysis
Propriety position
Products or Services Pricing Strategy
Selling price for products
Cost of materials and supplies for products
Cost of selling product
Pricing policy
Description of the total market
Industry trends (past, present, and future)
Target market
Marketing plan/strategy
Location
Equipment
Work flow
Inventory control
Supplies and materials
Growth
Registrations and Regulations
Zoning, permits, contracts and licenses or patents
Insurance
Taxes
Glossary
Appendices
Research
From the Paper "The marketing strategy in the first three years will be to build brand recognition. The first year of operation will focus on mass media to create business identity. It is imperative that early adopters obtain widespread awareness of services and benefits. In addition, the first year of operation will be used to solidify the services concept and identify any weaknesses in the service offering. In comparison, during years two through three, Gadgers will be focused on rapid growth to establish a strong market niche while attending to brand positioning, gaps in market coverage, and additional opportunities for market segmentation. Recently listed as the fastest growing market in terms of online shopping, America is a prime target for Gadgers. Equally prime is the target market of those who already shop on the Internet. Comfortable already with the concept of shopping online, and technologically-savvy enough to use the computer for their shopping needs, this group will be the most likely to purchase electronic products from Gadgers for several reasons. First of all, this group of consumers will not only be comfortable with shopping on the Internet, but the convenience of this kind of shopping will be preferable to the group. This group of consumers can either be male of female, are probably in their late teens to late twenties, and most likely have some type of post-high school education. Their interest in electronics and preference for handing all business over the Internet were probably developed during their college years. In order to market to this target group, Gadgers will focus on Internet marketing, featuring advertisements on other electronics web sites such as ITunes, developing a Face book and My Space profile, and providing promotional codes for free coupons. Gadgers will also target those who already shop on the Internet by allying themselves with shopping club web sites such as Quixtar.com and Mypoints.com. The final primary marketing strategy will be to create a blog including a video and photo contest, offering free merchandise to the winner. This will draw online shoppers and technology-savvy young people to the web site. Gadgers must undertake these primary marketing objectives in order to compete with the primary competitors, web sites of established electronic brick and mortar sties such as Best Buy and Radio Shack. The size of this market is rather extensive, with Best Buy topping the charts of most electronics purchases, and specialized stores like Radio Shack and the Mac store picking up the leftovers. Gadgers can compete with these types of brick and mortar stores in both prices and versatility of items offered, as Gadgers will provide one web site containing many brand name items at lower prices than in stores. This information will be effectively communicated in the online marketing strategy detailed above."
