A Global Competitor

1. What would the advantages and disadvantages be for Friend-Z’s if it decided to be a global competitor? 2. If Friend-Z’s management did decide to become a global competitor, the company must decide which foreign country (or region) to enter first. What environmental factors would you have to take into consideration? 3. If Friend-Z’s management did decide to become a global competitor, what type of strategy (exporting, licensing, joint venture, direct investment) would you consider to be the best type of strategy to employ? Explain why you chose your strategy by describing its advantages over other types of strategies. 4. Investigate how you would become a global competitor that would enable you to compete against other global competitors like Starbucks. The investigation should begin by identifying a country or region in which to compete. After you choose a country, perform an environmental scan by determining what the important considerations would be regarding your potential customers, any potential competitors, and any economic, technological, socio-cultural, demographic, and/or political/legal considerations your company would have to consider. Starbucks Corporation is an American company, based in Seattle, Washington, that has become a global coffee company. Starbucks is the largest coffee house company in the world. As of March, 2013, Starbucks had 20,891 stores in 62 countries, including 13,279 in the United States, 1,324 in Canada, 989 in Japan, 851 in China, 806 in the United Kingdom, 556 in South Korea, 377 in Mexico, 291 in Taiwan, 206 in the Philippines, 171 in Thailand and 10 in India.(“Loxcel Starbucks Map”. Starbucks. March 22, 2013. Retrieved April 20, 2013.) Starbucks’ stores mainly serve hot and cold beverages that include whole-bean coffee, micro-ground instant coffee, full-leaf teas, pastries, and snacks. Many of their stores sell packaged food items that include hot and cold sandwiches. Starbucks sells merchandise items (such as mugs and tumblers) that bear its famous logo. Starbucks Evenings locations, in addition to the products noted above, offer a variety of beers, wines, and appetizers after 4 p.m. (http://www.starbucks.com/coffeehouse/starbucks-stores/starbucks-evenings, retrieved 4/20/2013) Starbucks also has an entertainment division with its “Hear Music” brand. The company markets books, music, and film. Many of the company’s products are seasonal or specific to the locality of the store. Starbucks also sells its own brand of ice cream and coffee at grocery stores. To fulfill one of your requirements for a business class, you and two of your college friends developed a plan to start a coffee house company (named “Friend-Z’s). After graduating from college, you and your friends have successfully built Friend-Z’s into a coffee house company that competes on regional basis in the United States. You and your co-owners realize that to continue Frien Trait Does Not Meet Expectations Meets Expectations Exceeds Expectations GP SLO.1 Identify how global competition can be an important consideration in business decisions. Is unable to identify how global competition can be an important consideration when making global business decisions. Is able to identify many ways how global competition can be an important consideration when making global business decisions. Is able to identify nearly all ways how global competition can be an important consideration when making global business decisions. Important Considerations: Advantages-opens or extends new markets, can market their products that same way they do in home country (international company) or develop new products or variations for each market (Multi-domestic) GP SLO.2 Identify how cultural, economic, and/or political differences are important considerations when making global business decisions. Is unable to identify any aspects of cultural, economic, and/or political differences that would be important considerations when making global business decisions. Is able to identify many aspects of cultural, economic, and/or political differences that would be important considerations when making global business decisions. Is able to identify nearly all aspects of cultural, economic, and/or political differences that would be important considerations when making global business decisions. Important Considerations: Cultural Diversity (Values, Customs, Cultural Symbols, Language), Economic Considerations (Economic Infrastructure, Consumer Income and purchasing power, Currency issues), and Political-Regulatory climate (Political Stability, Trade Regulations,) GP SLO.3 Understand how businesses can compete on a global basis. Fails to understand how businesses complete on global basis. Adequately understands how businesses complete on global basis. Show exceptional understanding of how businesses complete on global basis. Important Considerations: Exporting, Licensing, Joint Venture, and Direct Investment-from exporting to direct investment, profit potential increases BUT firm’s financial commitment and risk increase; marketing control also increases GP SLO.4 MGMT Apply management practices when formulating a specific global business program or strategy. (MGMT3183-186 to 192) Unable to apply how certain business practices could be incorporated into specific global business programs or strategies. Is adequately able to apply how certain business practices could be incorporated into specific global business programs or strategies. Is exceptionally able to apply how certain business practices could be incorporated into specific global business programs or strategies. Important Considerations: Must consider how the various components are integrated: how the identification of country or region in which to compete, decision is integrated with the management practices that would be used. MGMT 3183: Must consider how the country or region in which to compete should be integrated with an environmental scan. d-Z’s growth, your company will need to consider becoming a global competitor. You decide to call a meeting with your co-owners to discuss this issue. You develop the following questions

Don't use plagiarized sources. Get Your Custom Essay on
A Global Competitor
From $8/Page
Order Essay
Toptutor4me
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

Do you need to ace that test? We are here to help you. We have qualified writers to present you with a 100% error-free paper. Toptutor4me offers you a unique and personalized custom paper that will assist you in getting that good grade.

Your paper will go through high editorial standards to meet your satisfaction. We have qualified writers to assist you to reach your academic goal without going through academic stress. We put into consideration the paper formatting, the pages required, valid citations, and included files to present you with an acceptable paper.

Our writers have a comprehensive experience and have perfected the art of crafting your paper. Regardless of the academic level or topic, we are prepared to provide a quality custom paper upon your order request.

Professional Academic Writers

A student needs professional assistance outside class time. Our writers possess Ph.D. in different fields and hold several years’ experience. Before hiring our writers, we give them tests and strictly consider their educational backgrounds.

After the sieving process, they are trained to ensure they deliver well-structured papers to our customers. Our experts work around the clock to provide correct answers and give any educational help. They not only deliver on time but also follow the customers’ instructions.

Every writer is a fluent native speaker of English and is from the USA, Canada, UK, or Australia. Our experts approach tasks effectively depending on their specialization.

Affordable Prices

Is the deal too good to be true? Toptutor4me is a reliable assignment help website on the market that considers students’ daily needs for academic help. Our assignment help is reasonably priced to approximately 90% of students around the world.

Our objective is to help students achieve academic excellence and we believe that inconsiderable charges should not hinder a student from getting the desired help.

In case the customer is not satisfied, we offer revisions and rewrites without extra charges. There are no unpleasant surprise charges at the checkout. We ensure maximum privacy and safe payment services.

On-Time delivery

Tight deadline? Paper due tomorrow? Do not worry our writers are ready to help. Students have difficulties balancing their social and academic life, therefore, getting caught up with academic deadlines.

Tackling your assignment at the last minute does not give you the advantage of carrying out extensive research and coming up with correct answers. Our experienced writers are knowledgeable and always available to work on your paper.

We guarantee you that outstanding papers are delivered on time at the customer's convenience. All you have to do is place an order giving a specific time delivery that works in your favor.

100% Originality

The ultimate deal-breaker in achieving a good grade is submitting an imitative paper. Plagiarism is a breach of examination standards and has serious consequences. Lecturers test the students' understanding of the taught topic by checking for originality.

Our experts' main consideration is providing a free plagiarized paper that will meet the teachers' requirements. They have perfected the skill of presenting unique personalized papers with relevant citations and references if needed. We ensure extreme originality and in case of any customer concerns, we offer a plagiarism report.

We want to work under customer's trust that their paper is unique and will support them in accomplishing the best grade.

Customer Support 24/7

Our website is user-friendly and super useful! Mycoursewriter is an online writing service that is always available to provide you with academic assistance you need.

Customers’ concerns are considered by our friendly customer support team that is available at all times.

Over ten years’ experience in the writing market has enabled us to grow and learn how to give our customers the golden experience.

We have diligently satisfied hundreds of students and you can witness this at the toptutor4me review page. Do not hesitate to contact us at our website email: support@toptutor4me.com

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Are you searching for a satisfactory legitimate writing website? Look no further. Toptutor4me is the best writing service ready to offer you long-term support in your academic needs. We have been providing homework help for years that has gained our customers’ trust. Our writers are ready to work on any assignment type from undergrad to Ph.D. level.

We guarantee you quality papers, timely delivery, and 24/7 response. Our website is not only the cheapest but also authentic and the most unfailing with an assurance team that manages our orders. We offer assignment help in every subject and topic despite the difficulty, let us ease your assignment burden.

Essays

Essay Writing Services

Essay writing is a commonly assigned college homework. Sitting down for an hour or so crafting a perfect essay is a tedious time-consuming task. You might find yourself staring at a blank paper surfing through different websites trying to devise answers for your essay.

Toptutor4me is a legit service that offers to write your essay at a pocket-friendly price. Your essay is given maximum attention by the assigned professional writer who includes fresh ideas and personalizes your paper to your preference. Order essay help by including the question, the page number, preferred format, and any files related to your essay.

Our essays are unique and go through a strict protocol that includes anti-plagiarism and rigorous proofreading. You do not have to struggle with finding ideas for your essay as our writers are not only skilled but also have the correct answers for your paper. Let our scholars work on your essay and you can take care of other responsibilities besides your student tasks.

Admissions

Admission and Business Papers

Writing an admission paper is not everyone’s inclination but this should not be a hindrance to fulfilling your goal. Writing a perfect paper to get you to that school or company imposes mind stress as there are certain expectations you must meet.

Failure to meet these expectations might make your dream unfulfilled. Admission papers require you to be unique, open, and display confidence but not seem aggressive. A business paper necessitates the student to be aware of current happenings in the world and have a wide knowledge of the business history and trends.

These needs research and skills and we have the qualified writers to meet all these prospects that will satisfy your assessor or lecturer. Our team will help you conquer that milestone in your academic life or your career all you need to do is provide the necessary information for our writers to craft your paper.

Editing

Editing and Proofreading

An error-free paper is a must in achieving that desired grade. We have an assurance team to ensure your paper has no grammar or formatting mistakes.

After our writers have given correct answers to your question in the necessary pages, our editorial team proofreads the paper to ensure quality work. They check for grammar mistakes, plagiarism and ensure proper paper formatting.

Issues such as the specified fonts, spacing, and educational formats are considered. We can also provide the plagiarism reports if needed. Our team has skills in formatting any paper type be it MLA, APA, Harvard, or Chicago. Under no circumstances will a poorly formatted paper be forwarded to you as we ensure careful proofreading.

Coursework

Technical Papers

Assignments are part of the learning process and one may not have the knowledge of the correct answers, this should not stress you as we have qualified scholars to help you.

A challenging topic does not imply that you should fail. Our qualified writers hold PhDs in different subjects therefore they are intelligent and no task is complex to them. Despite the complexity, a competent scholar will be assigned to meet your academic needs.

Different assignments are confusing as they may involve different skills that you are not familiar with. This is not an issue to our skilled professional writers as they provide the correct answers for any essay type despite the intricacy. Stop stressing about your homework by ordering assignment help at Mycoursewriter and go have fun!