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Conduct a political, legal, cultural, financial, and ethical risk analysis for your selected global business venture.
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Please Note: This is a continuation of the assignment you outlined in Week 2. It is for a global business venture, not domestic. Do not select the United States or a U.S. territory as your country. I want to see the analysis and assessments for a specific foreign country.
Analyze the following elements in your paper:
- Political, legal, and regulatory risks
- Exchange and currency risks
- Competitive risk assessment
- Taxation and double taxation risks
- Social, Ethical and cultural risks
- Cyber or technology risks
- Tariff and nontariff barriers
- Roles of international financial institutions (e.g. IMF, World Bank, ADB, etc.)
Describe the country specific risks andhow you would manage these risks.
Summarize your strategic planning process:
- Define and clarify mission and objectives
- Assess the role of marketing in your product or service
- SWOTT or PESTEL analysis of target country
- Make strategy selection(s)
- Select and justify an appropriate mode of entry for your global product or service
- Devise contingency plan
