Review the cultural aspects that need to be considered with the expansion into the new country or region. Identify how the company culture
Competency
Analyze the role of culture and its impact on international business for a particular country or region.
Instructions
Review the case study provided (attached) prepare the necessary document as explained below.
Use the following website as a starting point for research on this project:
https://www.cia.gov/library/publications/the-world-factbook/
In addition, you may likely need to do some additional research to help complete this project.
Please choose from one of the following countries to expand into: India
Rocky Mountain Chocolate Factory (RMCF) has hired you as a consultant to help them with a planned expansion into a new market. Your role is to help facilitate this expansion into a new country/region, and to point out options and possible hurdles the company will face that they aren’t aware of. Write a cultural assessment report to the Director of Human Resources and outline the overall business environment for the expansion, including the following:
- Review the cultural aspects that need to be considered with the expansion into the new country or region.
- Identify how the company culture and the business of selling chocolate will work with the culture of the target market you will expand into.
- Identify and discuss at least two strategies that RMCF will need to adopt in order to effectively do business in the new country or region
- Ensure your report has an introduction properly describing the general situation of the target country and what the general culture is like, and then a conclusion wrapping up your points and what you addressed in the report and validating the strategies to deal with the target market culture in general.
Answer preview for Review the cultural aspects that need to be considered with the expansion into the new country or region. Identify how the company culture
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