International expansion for a local firm

International expansion for a local firm

There are different implications of running a company that is within or outside of the European Union. If you were the head of HOME DEPOT firm based in the United States, please answer the following questions, providing the rationale behind your answers:

  1. Would you seek to acquire a company within the European Union or outside of it? Why?
  2. Describe the advantages and disadvantages of the choice you made.
  3. Describe the advantages and disadvantages inherent in the option you did not choose.
  4. Explain why an MNC may invest funds in a financial market outside its own country.
  5. Explain why some financial institutions prefer to provide credit in financial markets outside their own country
  6. Use the following outline to complete the assignment: Introduction, Literature Review, Research Methods, Discussion, Conclusion, References, and Appendix
  7. No Plagiarism
  8. Grading CriteriaPercentage
    Deliverable requirements addressed; understanding of material and writer’s message and intent are clear35%
    Scholarly research which supports writer’s position properly acknowledged and cited direct quotations may not exceed 10% of the word count of the body of the assignment deliverable (excluded title page, abstract or table of contents if used, tables, exhibits, appendices, and reference page(s). Inclusion of plagiarized content will not be tolerated and may result in adverse academic consequences.20%
    Critical thinking: position is well justified; logical flow; examples 20%
    Structure: includes introduction and conclusion; proper paragraph format and reads as a polished, academic paper or professional presentation, as appropriate for the required assignment deliverable10%
    Mechanical – no spelling, grammatical or punctuation errors10%
    APA – deliverable is cited properly according to the APA Publication Manual5%

Requirements: 5-7 Pages

 

Answer preview

Globalization has created numerous opportunities for organizations. Courtesy of globalization, organizations can not only set up their operations in foreign locations but also employ employees from different locations (Contractor et al., 2019). Going global has numerous upsides for organizations, such as allowing them to grow their customer base, leading to increased short-term profits and long-term viability (Contractor et al., 2019). The European Union is perceived by many within the corporate arena as one of the attractive locations for organizations to expand their operations. Expansion strategies usually vary depending on the needs, reasons, and resources available to an organization seeking to implement such a strategy.

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