Shnu 2-1 Milestone 1 Int 220 Pdf (Graded A+)

This study source was downloaded by 100000859819779 from CourseHero.com on 02-05-2023 13:54:13 GMT -06:00https://www.coursehero.com/file/187639607/2-1-Milestone-1-INT-220docx/ Brenda HughesSouthern New Hampshire UniversityINT-220: Global Dimensions in BusinessJohn TheodoreJanuary 14, 2022This study source was downloaded by 100000859819779 from CourseHero.com on 02-05-2023 13:54:13 GMT -06:00https://www.coursehero.com/file/187639607/2-1-Milestone-1-INT-220docx/Drivers for Global EntryCountry SelectionJapanPurpose of Global ExpansionSome key benefits of expanding a domestic organization are acquiring talent, cost reductions, more resiliency, growth opportunities, and tax benefits (Donnelly, 2022). By expanding globally, your workforce options expand significantly. This is important because, depending on the expansion location, this may allow for the acquisition of personnel that is morefamiliar with the local market. In addition, having workers with diverse cultural backgrounds may allow the company to expand even further (Donnelly, 2022). An additional benefit is the reduction of cost. This is because, in other countries, the cost of labor and materials could be significantly lower (Donnelly, 2022). When it comes to resiliency, by expanding globally, a business may reduce the overall risk of certain economic or political events affecting a business negatively (Donnelly, 2022). The most obvious of the benefits is the growth opportunities that global expansion offers. This is especially true if offering a product not currently offered in a chosen country which