Graded Homework

Assignment 1: Global Business Today – The Hofstede Study

For this assignment, you will need to create a fictional regional company on
which to base your analysis. The company can be in any line of business that
you choose, but make sure that the nature of the business is such that you can
respond to all of the points below. Refer to the Hofstede model in Chapter 4 of
the textbook and the Global Business Today Interaction to complete this
assignment.
Write a three to four (3-4) page paper in which you:

1. Imagine you are a consultant for a fictional regional company wishing to
move into an international market. Present an overview of the regional
company, its products and services, the location, brief financial
information, etc.

2. Utilize the Hofsetede module to discuss the company’s offerings with
regard to how the United States (Home Country) views the products and
services. Use the following links to help you: https://www.hofstedeinsights.com/country-comparison/
and
https://www.cia.gov/library/publications/the-world-factbook/

3. Choose two (2) countries as potential locations for your company of
choice to set up new international offices. Develop a set of specific
recommendations for the company. In your recommendations, review the
2 countries using the Hofsetede module: https://www.hofstedeinsights.com/country-comparison/

4. Provide an analysis of the differences or similarities between the US and
the two countries.

5. Demonstrate the most important dimensions of the Hofstede model for a
U.S. company to consider when opening in the countries chosen