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MGT 448 Country Risk and Strategic Planning Analysis

A strategic analysis of country risk factors affecting global business planning.

Wyatt Evans
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1Country Risk and Strategic Planning AnalysisMGT 448How can businesses mitigate political, legal, and regulatory risks when expanding intothe Canadian market, considering the examples provided in Team B's analysis? Please elaborateon the strategies, focusing on taxation, competitive risks, and the mode of entry for global trade.(Word count: 800-1000)

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2Country Risk and Strategic Planning AnalysisIn this paper, Team B will analyze doing business within the North America market, andwe will use Canada for examples to help illustrate various issues. Some of the items in Section 1that will be discussed will be the political, legal, and regulatory risks, the exchange andrepatriation of funds risks, competitive risk assessment, and taxation and double taxation risks.In Section 2, we will cover such items as the market risks using the four P's of marketing,distribution, and supply chain risks, and physical and environmental challenges to entering andoperating a target market, and social and cultural risks and cyber or technology. Team B willalso summarize the strategic planning process in Section 3. This section will define and clarifyour mission and objectives, we will use SWOTT analysis of Canada, and we will make a strategyselection. We will select and justify an appropriate mode of entry for our global product orservice. We will examine the control and evaluation and will devise a contingency plan if thefirst plan should not happen.Section 1: Country Analysis–North AmericaThe political and economic stability is prevalent in North America as well as in thecountry of Canada. And because of the stability in North America and Canada, as used for ourexample, fund risks are low. The chances of Canada losing its postion in the world are low, sotherefore they are able to pay off debts. The Canadian dollar is doing ok in the world economyso it would be a sound financial decision to do business in Canada. The politics in NorthAmerica function on a federal constitution and isknown for its free code of conduct. “Political
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Document Details

University
University of Phoenix
Course
MGT 448
Subject
Business Management

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