You may choose an expansion opportunity in your own organisation or in an existing organisation of interest to you. The expansion could involve outsourcing inputs to your business (i.e. building a...

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You may choose an expansion opportunity in your own organisation or in an existing organisation of interest to you. The expansion could involve outsourcing inputs to your business (i.e. building a factory for your business in another country), expanding your product or service into a new international market or creating a partnership with a business in another country.


After you have identified your international expansion opportunity, develop a plan to guide your efforts. Your plan should cover the factors listed below and should draw upon the material covered in this module. Make sure you use some examples from your readings of organisations that have handled a similar situation, what they did and whether or not it worked.


You will document your plan in a paper. The purpose of this paper is for you to demonstrate your understanding of the material covered in this module through a practical application. Your paper should be a business plan for international expansion that demonstrates an awareness of the key factors a business should consider, the risks involved and the expected outcomes of the endeavour.


Submit a draft of at least 1,000 words that includes these components:



  • Description of the venture assessment of associated theories

  • Strategy formation



Answered Same DayDec 27, 2021

Answer To: You may choose an expansion opportunity in your own organisation or in an existing organisation of...

David answered on Dec 27 2021
128 Votes
Global Financial Services Pvt. Ltd
D-173/B, Lotus Business Park
2
nd
Street, Durco Square
Sydney, Australia
12
th
September, 2017
[Name of the Student]
[Enrolment Number]
Introduction
Global F
inancial Services Pvt. Ltd. has always put in efforts to develop the relationship with the clients as
well as create wealth for our shareholders. The relationship with our clients in present days is increasingly
more important than ever as they are facing very volatile economies and uncertainties across the globe.
In order to increase our capacity and provide better services to our clients we have decided to expand our
services in Indian market; as it is the fastest growing nation in the world. This would not only impact our
global presence but help strategically to provide services to our clients who wants to make investments in
emerging markets. The combination of economic realities, geopolitical and demographics along with ever
increasing pace of technological advancement makes the business environment even more challenging.
We plan to grow organically in emerging markets over a period of time and India provides a better
opportunity as compared to other economies at this point of time. We would require an investment of
approx one million dollar as an initial investments and an additional $400,000 as other costs.
The detailed analysis of the research inputs and comparative analysis has been done to evaluate this
business plan. The evaluation has been done with focus on our existing clients and will also increase our
client base in the new market. This would definitely have a positive impact on shareholders wealth and
help in overall growth of the organization.
Internal Assessment
An extensive research of the new market was conducted in association with our research partner
McKinsey India Pvt. Ltd. The overall outcome was very encouraging as it helped us to work on various
alternatives and come out with the best possible way to grasp this opportunity.
Some of the major risk factors involved in this international expansion are...
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