The Goals, Risks and Opportunities of International Business
1000-1250 words. APA format. At least 3 References w/in text citations.
Assess the opportunities and risks that are associated with international business. Write a paper about the organization that you selected in the Discussion Board assignment for this week (FORD – Discussion Board Attached).
The paper will address the risks and opportunities that are associated with international business and globalization. Include a market analysis that identifies countries in which globalization will be financially beneficial and countries in which globalization will be financially dangerous for the company.
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Ford: Opportunities and Risks
Compared to the early decades of the twentieth century, businesses in the contemporary world are able to engage in activities across continents, much due to globalization. According to research, globalization was in the early stages regarded as a destabilizing force in social, economic, and global equity (Wejnert, 2014). However, the contemporary society has since learned how best to harness the advantages presented by globalization to the benefit of the businesses in question. This explains the continuous use of internationalization opportunities by businesses to expand their operations to overseas markets as has been the case with the Ford Motor Company’s operations in Europe despite the company being American. However, such opportunities from globalization do not necessarily imply the absence of challenges from the progress. Just as much as there are positive gains from operating in a globalized market, the companies operating therein have had to deal with issues ranging from legal, political, to compete for the market share that they would otherwise not experience.
(1,173 words)