I have been tasked to identify a worst company to work for. The company i chose is Foot Locker(same as the previous assignment but different requirements). Below are the added instructions Students...

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  • I have been tasked to identify a worst company to work for. The company i chose is Foot Locker(same as the previous assignment but different requirements).

  • Below are the added instructions


  • Students will become familiarized with theories and approaches to various business environments (Domestic, Global, Technological, Political-Legal, Sociocultural, and Economic)

  • Students will evaluate the business environments of a company identified as a worst company to learn why it is not successful.


Prompt:
Continue working with your chosen "worst" company for the assignments and complete the following:

  1. Identify the industry for your chosen company and its Domestic Environment.Identify a Global Environment for the company (an international country for the company).

  2. What are the characteristics of the new Global Country/Environment that will best suit the company for success?

  3. What barriers exist in the new Global Country/Environment? You cannot state there are no barriers.

  4. How will the company overcome those barriers (strategies)?



Instructions:



  • Write a section of the final paper that details the items above.

  • Research requirement: minimum 2 scholarly sources PLUS something from your readings.

  • Page requirement: 2-3 pages in APA format.

  • NOTE: Items 1-2 (combined) should not exceed 2 paragraphs (100 words each paragraph).

Answered Same DayJun 18, 2021

Answer To: I have been tasked to identify a worst company to work for. The company i chose is Foot Locker(same...

Khushboo answered on Jun 21 2021
153 Votes
Company Selected: Foot Locker is the selected Company for the analysis.
Industry, Domestic and Global Environment:
Foot Locker Inc. is mainly in retail industry of a
pparels and shoes. The headquarter of the company is in Midtown Manhattan, New York City, United States. The company operates in twenty eight countries globally with 3383 stores all around the world. The domestic geographic location is North America and international locations including in Canada, Germany, Austria, Switzerland, Australia and New Zealand. The operating segment of the company is Athletic Stores and Direct to customers. The company has an average stores of 971 in United States.
Since the company is in retail sector having wide range of products therefore the characteristics that the new global environment should possess is the favorable economic, socio-political and industrial trend and the new opportunity in the product or customer segment that the company can easily exploit the expansion opportunity. The new global environment should also provide competitive advantage and dynamic environment to the new entrant and also provide the favorable legal condition. The political condition of the nation is also important characteristics as it influence various norms such as taxes and it should be suitable for new entrant in the global environment.
Barriers in the new Global Country/Environment for the company:
The global markets are very challenging for footwear and retail industry and there are various barriers for the entrants in the global country/ environment. The major barriers to the entrants at global level in footwear and apparel market are as below:
i. The...
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