Expanding Overseas: Strategies, Challenges, and Risk Management in International Business

An international business assignment evaluating expansion strategies and associated risks.

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Company expanding overseas1Course: NameCompany expanding overseasYours NameProfessor’s Name [optional]DOS:UniversityDiscuss the reasons why your company would want to expand overseas.Following are the reasons for which the company would like to expand its businessoverseas-To remain in competitionPossible untapped marketTo expand our consumers. 95 % of the consumer remains outside our country.The reward, risk and challenges are appealing.Discuss what your mode of international business would be and how moving abroadwill expand sales.Our business is to be expanded to Turkey so we need to know the trade regulations of thecountry and related rules applied by the government. Our mode of international businesswould becontract manufacturing. It can be said as another form of outsourcing andwill fit best for our manufacturing business. Our firm will make contract withmanufacturing firm in Turkey which will implement our design and formula.The responsibility of labor, marketing, other processes and material used will becompletely on solder of working firm.(Daniels, Radebaugh, & Sullivan, 2015)

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