BUS104 Business
Question
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Introductory paragraph(s)
Provide a short background statement about the country, including location, general size, primary language and/or major type of culture (Far East, Middle East, European, etc.), primary currency, and type of government. Conclude the paragraph with the thesis statement, which is your recommendation for whether or not I should expand my business into the country. The thesis, or purpose, statement is a few sentences, written concisely, that states the purpose of the document. Mentally framing the paper by creation of a thesis statement helps the writer know what to talk about and helps the reader know why to read the paper. Many excellent papers are written about the wrong thesis, likely because the writer did not have the purpose and the target reader clearly in mind. Clear focus on the thesis also helps in researching for the paper, both on evaluating material for what to include and what to omit. Read the detailed content requirements for the paper, explained below, to develop the thesis statement.
For an explanation about writing a thesis statement and examples, see Appendix A.
Country under consideration
a) Include a basic discussion of the “friendliness” of the country toward international business, such as a brief discussion of barriers to foreign ownership due to governmental instability or legal impediments, issues of corruption and ethics, and the current status of inflation, taxation, and economic growth.
b) Discuss, in-depth, cultural issues to consider related to the country and the business. Business etiquette in negotiations, attitudes toward time, verbal and non-verbal language, attitudes toward women, education, workforce, and other important cultural issues as relevant to business. For example, manufacturing or the need to hire a lot of local workers requires cultural workforce considerations and the availability of workers based on the educational system. In some countries, religion plays a major role in every aspect of the culture and must be addressed if that is the case. Include the cultural issues that are important to the analysis.
3) Analysis of proposal and recommendation
Provide a wrap up of the economic and cultural factors of the country. Based on the factors discussed in the paper, make a detailed analysis of the proposal with a specific recommendation as to whether the proposal should be pursued further. This section is your voice, thoughts, and understanding of the proposal.
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