Outline for a bank opening up overseas. cities, references and word count is up to you for the outline but for this paper it is 1,500 – 1,800
A regional bank has decided to open an office overseas for serving those businesses that are expanding internationally. Choose a country with a large financial center that you believe would be helpful to your customer base.
Discuss some of the challenges you may face in this new environment. What are the cultural, ethnic, social, and educational characteristics?
Describe the political and legal systems.
How much does the government intervene in the private sector? How will that affect your financial institution?
What type of economic system does it have? What is the history of that economic system?
How is the country involved in international trade? How does the government get involved in trade issues? Will that help or hurt your financial institution?
Will your presence in this country be helpful in your attempts to invest in your attempts to invest in other developing countries?
Is this country involved in any regional integration efforts? How so?
Why did you choose this location for your bank?
As a manager, what would be your overall assessment about whether you want to pursue opening an office thee? Are the financial risks worth taking? Will it be beneficial to all of the stakeholders? If you decide to pursue this, what type of presence do you think would be best suited to your objectives?
Objectives: Discuss current management practices and principals used in the current global business environment. Summarize the opportunities and risks of doing business in foreign countries. Explain how differences between foreign and domestic environments impact the conduct of business. Describe how global managers are able to influence management decisions despite cultural and language differences. Compare alternative organizational structures for international operations. Discuss strategies organizations can pursue for international market expansion. Use effective communication techniques.
Outline is due ASAP please and the other outline is also due ASAP please.
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