Scenario: You are a consultant to a board of directors that is considering starting a business venture in a county outside the United States. The board of directors has asked you to prepare an analysis of the risks and opportunities associated with operations in this country.
Identify the country in which the board is considering conducting business.
Describe the type of business (such as manufacturing, retail, hospitality, etc.) the board wishes to conduct in the country.
Write a 1,750- to 2,100-word paper analyzing the viability of the business venture for the board of directors.
Address the following aspects in your analysis:
Key cultural differences
Key regulatory obligations required of any foreign organization in the identified country
Ethical norms in the identified country different from those in the United States
Consider the sum of the risks involved in the venture and provide:
Governance recommendations to mitigate identified risks
Governance recommendations to leverage the benefits of operating in the selected country
Include at least 10 scholarly references in your paper.
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