Final Global Business Plan Paper: Cheap Co

6520 words - 26 pages

IntroductionIn this paper we will conduct Global Consideration for the CheapCo it will include a detail look at areas that a company must address when they make the decision to go Global. CheapCo will address human resources, supply chain management, information technology, research and development, legal and ethical challenges that must be addressed as CheapCo moves into Bulgaria. By addressing the Global considerations it will clearly show the areas of risk for management of the CheapCo. This will determine if there are gaps that need to be addresses before CheapCo continues on with their venture into Bulgaria.There are many factors to consider when selection a location for a company. Cheap Co used data gathered from analysis that coved four major areas when deciding to locate in Bulgaria. The areas covered in those analyses include Current Global Events, Region, Country, Organization, and Product/Services analysis. The world economy is on target to meet its growth expectations of three percent for 2006 and may even surpass this with the strong economic growth in the United States (US). The US is the primary force behind global economic growth with China, India and additional developing countries influencing the situation well. Developing economies are to grow by 5.6%. Inflation rates excluding energy and food have remained unchanged; however overall inflation rates have gone up primarily due to high oil prices (World, Oct 18, 06).There have been no official alliances within the region since the Balkan Alliance in 1911 (On War, 2000). There have been numerous continuing efforts by countries within the region to become members of the European Union. On the same level, there have been fewer efforts to become members of NATO. Bulgaria, one of the few to apply for membership, became a member of NATO on Mar 29, 04.Turkey and Greece neighbor Bulgaria to the south, Macedonia and Serbia to the west, Romania to the north and the Black Sea to the east. After the Second World War Romania became a communist country due to Russian influence. After a bloody revolution in 1989, Romania became a democracy. The country has suffered from corruption in its transition to a free market economy. Since the fall of the Soviet Union, the region has experienced an increase of economic growth and maturity. In 2005, Turkey for example, had an annual inflation rate of 7.7% compared to 18.4 % in 2003 (USDS, 2006). Their GDP per capita rose from $3,412 in 2003 to $5,016 in 2005 (USDS, 2006). Within the region, there are no remarkable financial statistics. Each country bordering Bulgaria has its own set of unique financial assets and problems.Bulgaria is a Parliamentary Representative Democratic Republic in which there is no complete separation between the executive and legislatives branches of the government. Bulgaria's president is Georgi Sedefchov Paranov, a member of the Bulgarian Socialist (communist) Party serves as head of state and commander in chief. In the Executive...

Find Another Essay On Final Global Business Plan Paper: CheapCo

Marketing Plan: Final Paper

2476 words - 10 pages Marketing Plan: Final Paper PAGE \* Arabic 0 Marketing Plan: Final PaperIntroductionIntroduction goes here.Identify the appropriate place and promotional strategy that should be used in the development of the strategic marketing planPlease try to link your section to the one ahead of if it.Develop an initial sales promotion schedulePlease try to link your section to the one ahead of if it.Create an advertising planPlease try to link your

Marketing Plan: Final Paper

2354 words - 9 pages Final PAGE 1 Marketing Plan: Final PaperZulema Buckner, James Lee, Arika MobleyLeslie Stacks, Michelle WalkerMKT 421Ken LeCourAugust 30, 2007Marketing Plan: Final PaperSatellite Radio is the newest way for people to tune in to their favorite songs. With the music coming direct from the satellite to the receiver, there have been a multitude of advantages over regular AM/FM radio. XM has been a satellite radio provider since 1992. XM offers

Marketing Plan Final Paper

5945 words - 24 pages successful in selling the Halal products if taken to the right location(,2005). Our research and the test show that it would be good to take this business plan to the middle east because of the 1 billion potential customers that are available to us. McDonalds is already known as a good brand, so all we have to do is go into these communities and show them that we care about their needs.Organizational Buyers and ConsumersSelling a

Slovakia Global Business Plan

2181 words - 9 pages Country Risk & Strategic Planning PAGE 2 Global Business Plan: SlovakiaGidget WatersUniversity of PhoenixGlobal Business Strategies, MKT 448Jane GinnFebruary 18, 2008Country Risk & Strategic Planning Analysis: SlovakiaIntroductionI will be developing a Global Business Plan for Whirlpool Corporation. The plan will focus on the effects of a manufacturing plant in Slovakia. The plant has currently put the expansion operations at the plant

Global Business Plan

6965 words - 28 pages PAGE \* Arabic 23Running head: GLOBAL BUSINESS PLAN 1GLOBAL BUSINESS PLAN 2Blueberry IncHeadquartersSeattle WashingtonU.S Product GroupChina Product GroupInternational Product GroupSales and MarketingResearch and DevelopmentProduction and LogisticsSales and MarketingResearch and DevelopmentProduction and LogisticsSales and MarketingResearch and DevelopmentProduction and LogisticsFunctional Unit Support(Frontline)Functional Unit Support(Frontline)Functional Unit Support(Frontline)Frontline SupervisorsFS Unit ManagementFS Unit ManagementRegional Management-ExecutiveRegional Management-Executive

Norway's Global Business Plan

2798 words - 11 pages With every business decision, especially ones that lead to entry into a global economy one must consider the global implications associated with that venture. No matter what the proposed product is, it is advantageous to follow some basic business principles such as strategic planning, organizing, directing, and controlling. It is also necessary to know what factors will contribute to growth in sales, revenue, politics and economy.JABC has

Global Business Plan

8609 words - 34 pages power to take on challenges and opportunities in the expansion of on-goingGlobalizationThere have been several recent developments in Saudi Arabia that have opened paths to globalization. The number one reason for these opportunities is the change in governmental openness to global business and a liberalized economy following years of a decaying state-controlled economy. This wave of global prospects was kick started following an agreement reached

Global Business Plan

4083 words - 16 pages for medium sized vehicles for comfort and fuel efficiencies. In addition, marketing strategies will further take the approach that cast-iron engines are a thing of the past. With long-term consumer savings in store due to fuel efficiencies, buyers can make larger, upfront purchases such as fancier options when selecting their new vehicles.II. Global Business Analysis:In the rapidly changing automotive world, the contemporary automobile is facing

Global Business Plan - 5718 words

5718 words - 23 pages Dr. Credit Global Business PlanCuando Dr. Credit comenzó a brindar servicios nunca pensó que la corporación debería considerar muchos factores antes de moverse. Como una organización mediana pequeña imperaba el evaluar la compañía en aspectos como la administración de recursos humanos, factores culturales, suministro de cadena, investigación y desarrollo, información

Global Business Plan Volcano Winery

7255 words - 29 pages . A formal budget plan will be needed for final recommendation.As part of the initial business plan, Volcano also discussed contingency options. The most logical option would be to purchase an already established wine distributor within India. Volcano Winery would benefit from the fact that the distributor is already established to conduct business within the host country. Volcano would transfer key people to India to assist with the start up

Global Business Strategies, Hypothetical New Business Plan

5801 words - 23 pages market exists for a particular product or service and attributes to the success by providing the information that is essential to growth. The purpose of this paper is to provide the information accumulated which will substantiate the decision of DEERS Delivery Management to initiate a shipping and delivery business in Thailand. The business plan developed has been devised through extensive research with considerations for all known facets

Similar Essays

Final Global Business Plan Paper

5054 words - 20 pages Final Global Business PlanJKL Trading, Inc.Final Global Business PlanResearchers for JKL Trading, LLC have analyzed Japan as a possible country to export products in order to support JKL's goal of spreading the company overseas as part of its globalization plan. Our team discovered Japan's political environment is stable. Most business disputes settle out of court avoiding legal fees. Expropriation is not a problem in Japan. Japan does have

Final Global Business Plan Paper

5842 words - 23 pages /Supply Chain RisksA way to manage the risks associated with the lack of paved roadways is for a plan to be made to help improve these roads around our business locations. In the mean time a plan can be put into action that would transport the majority of the bananas by way of sea. It would also be wise to take into account the weather when ships are traveling and taking this into account when giving delivery dates to customers will keep the

Final Global Business Plan Essay

6933 words - 28 pages the previous pages was to provide the reader with a business analysis for opening a tire recycling company located in China. The paper detailed the significant risks of doing business in the international market and provided a risk management plan. The paper also provided a summary of the company's strategic planning process including a SWOTT analysis, strategy selection, mode of entry, control and evaluation methods, and a contingency plan.The

Global Business Plan Paper

6055 words - 24 pages IntroductionWe wish to investigate the viability of opening a new resort in Mexico. In order to do this it is important to first do a detail analysis of the country we wish to move in to, as well as acknowledge both the pros and cons in taking on such an endeavor. In this paper we will define what country we wish to expand a business in, as well as give a brief description of the organization. To do this we will first analyze the current global