Note: This FINAL PAPER is due Sunday of WEEK 4, at 11:59 PM ET.It should be submitted via the...

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Note: This FINAL PAPER is due Sunday of WEEK 4, at 11:59 PM ET. It should be submitted via the assignment title above "Week 4 Final Project" as a Microsoft Word file. Directions: Write a four-five...

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Note: This FINAL PAPER is due Sunday of WEEK 4, at 11:59 PM ET.It should be submitted via the assignment title above "Week 4 Final Project" as a Microsoft Word file.Directions:Write a four-five (4-5) page paper, topic below, not including the cover page, table of contents, or references in APA format.Your paper should contain the following:

Title
Your name
An introduction
4-5 pages (double-spaced, APA approved font) of cited research in APA format.
A conclusion
References in APA format

Scenario
Imagine that you are an international business consultant to a fictitious company (make up your own product or products or service) that has decided to explore the possibilities of expansioninto at least two countries.Instructions
Create a 4–5-page paper in which you justify your assertions for each of the following:

Develop a brief overview of the fictitious company including its product(s).
Choose at least two different foreign countries where the company would globalize the product or their products, and analyze the following objectives:
Develop a brief profile of the countries that you have chosen.
Expected effects and driving forces as a result of the company´s globalization plan.
Successful strategies to enter the global market for the different foreign countries that you selected.
Comparative analysis between the company’s domestic and global environments.
External factors or environments of the selected countries (political, economic, technological, legal and others) which could benefit or discourage international business.
Investigate the key factors that you would need to understand to guide an effective pricing strategy for your product or service, based on your foreign currencies’ analysis for your selected countries.
Comparative analysis between international trade, foreign direct investment, and global join ventures. Explain which one of these models would you choose.
Better practices to look for international business opportunities for your company and for your product(s).

Additional Requirements
Use four sources to support your writing. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment. For help with research, writing, and citation, access the library or review library guides.Paper Grading Criteria:Organization: 20 points possible
Flow/Readability: 20 points possible
Content/Knowledge: 20 points possible
Bibliography/References: 10 points possible
Followed Guidelines/APA format: 20 points possible
Grammar/Spelling: 10 points possibleTotal : 100 pointsGood luck and let me know if you have any questions. :)

final-project-business-international-2xf34nsl.docx

Answered 7 days After Apr 12, 2022

Deblina · Accepted Answer

Expansion of Business into New Countries		4
EXPANSION OF BUSINESS INTO NEW COUNTRIES 
Table of Contents
Introduction	3
Expansion of Business into New Countries	3
Conclusion	7
References	8
Introduction
In this paper we will be discussing the expansion of a fictitious company into two new countries. I am an international business consultant to the fictitious company named “Vegan Foods”. The company is going to launch its new range of vegan food products. The company has decided to explore the possibilities of expansion into two new countries: Philippines and Singapore.
Expansion of Business into New Countries
Philippines 
Profile: Foreign Investment Act of 1991, that permits the preponderance of businesses to start in the Philippines with typically 100% equity, is one of the few laws in Southeast Asia that exists (Aid, 2019). One of its benefits is that the most of its populace can communicate in English.
External Factors: The Philippines is governed by a robust democratic system. The political situation is secure. The administration, on the other hand, has a high amount of corruption. There are indeed major conflicts in certain rural regions, particularly in Mindanao, the Philippines' southernmost peninsula. Prior to Covid-19, the Philippines was experiencing strong economic growth of roughly six to seven percent. However, by 2023, its GDP growth will have slowed to 9.6%. This was the nation's lowest contraction in decades. Notwithstanding this, the IMF predicts that economic growth will reach 7.4% in 2021. In terms of technology, the country is experiencing difficulties with its broadband network. It has one of the nation's lowest broadband internet speeds. The administration, in collaboration with the business sector, is now constructing the necessary infrastructure. The Philippines has rules that are beneficial to investors in terms of legality. Through one-stop shops for company registration, the government has also increased its services for new business owners.
Successful Strategies: Market penetration methods based on low price and celebrity endorsements have proven to be successful in the Philippine market. With the bulk of the population falling within the lower-middle income bracket, low-cost techniques for launching new products or services have proven to be effective in the Philippine market in the past (Deepak & Jeyakumar, 2019).
Key Factors to Consider for Pricing: As per statistics, the Philippines' Real per capita GDP income will be $3,372.

Note: This FINAL PAPER is due Sunday of WEEK 4, at 11:59 PM ET. It should be submitted via the assignment title above "Week 4 Final Project" as a Microsoft Word file. Directions: Write a four-five...

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