I need help of the following question. It should be about 1000 words and more than 5 references. All citations should be included and should be according to APA format.Research and choose one...

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I need help of the following question. It should be about 1000 words and more than 5 references. All citations should be included and should be according to APA format.Research and choose one international corporation to discuss. You may use the Fortune Global 500 to help you choose acorporation (http://money.cnn.com/magazines/fortune/global500/2009/). The corporation you choose may beheadquartered in either the United States or a foreign country. You should incorporate concepts from your readingassignment into your answers.1. Provide a company overview, and identify the countries in which the corporation operates.2. Identify the types of market systems and types of legal systems that exist in the countries where the corporationoperates. What effect do these have on the company’s operations?3. Discuss the possible sources of political risk for: (a) the countries in which the company has a presence and (b)the basic nature of their products and operations. If you were a political consultant for the company, how wouldyou suggest the company approach its political risk given trends in international political systems?4. Identify the stakeholders the company must satisfy. Why is this process more difficult for companies operatinginternationally?5. Summarize the company’s code of conduct. State the reasons why it is in the company’s best interest to follow itscode of conduct when operating in foreign countries.6. Does the company have any social programs in the country/countries where it operates? If so, briefly describeone.7. What are the indicators the company might monitor to guide their investment and actions in the future?
Answered Same DayDec 23, 2021

Answer To: I need help of the following question. It should be about 1000 words and more than 5 references. All...

David answered on Dec 23 2021
119 Votes
Running head: BEST BUY INC. 1
Best Buy Inc.
Student’s Name
Class
University
Date
BEST BUY INC. 2
Best Buy Inc.
Best Buy Inc. is one of the biggest providers of consumer electronics. It is a top rated
company of Fort
une 500 and the largest specialty store in the US within its sector. The
company has market pie of 21%. The company is not only present in the US but in China,
Canada, and Mexico. Founded in 1966, Best Buy Inc. is a public company, listed as BBY in
New York Stock Exchange. The company was founded by Richard Schulze and is
headquartered in Richfield, Minnesota. The success story of Best Buy Inc. has been
phenomenal. It has come a long way to become the largest specialty store in the US. The
company is on an expansion spree and has some expansion plans on the edge of their sheets.
In 2008, the company has revenue in excess of $40 billion, with $12.7 in assets. The
company had approximately 150,000 employees in the same year. These figure themselves
tell the success story of the company. The company is still on the growth path and inclined to
become the largest specialty store of consumer electronics in the world (Tatge, 2004).
The US market has turned into capitalism’s antithesis in times of crisis, adopting a
socialism perspective in wake of artificially correcting the market. The Security and
Exchange Commission’s existence does not make it a free market. Earlier, it was a free
market but after the crash of New York Stock Exchange, SEC was introduced to have control
over the market. Best Buy Inc. finds it a suitable market being a native company. The
company has planned its expansion to operate over 1800 retail stores across the globe and
1400 of them will be in the US only. On the other hand, Canada is a free market and the
organization can trade in any capacity. They are free to produce any products and services in
any quantity. Also, they can sell their products or services at any price and the government
has no interference. However, in a market economy the government can interfere if it is not
working efficiently. Best Buy Inc. operates both Future Shop and Best Buy retail stores label
products and stores in Canada. The company has a very aggressive strategy in the country
BEST BUY INC. ...
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