PART 1 Length: 250–500 words. Writing: Your analysis should be free grammer errors Format and references: Use proper APA-formatted references and in-text citations when identifying your sources. Many business processes and services can be outsourced to other countries. The success of such ventures depends upon the ability of business managers to evaluate the feasibility and effectiveness of outsourcing any particular processes or services. During the latter part of the 20th century and continuing into the 21st century, one of the dominant themes in business has been globalization. Advances in technology are undoubtedly a significant factor in enabling globalization, such as the ability for business managers around the world to communicate instantly and effectively using voice, text, and even video. The Internet and associated software and hardware have also had a dramatic impact on that, allowing documents, databases, and a wide range of information to be shared without concern for time or geographic boundaries. Capella courses are prominent examples of that, with faculty, learners, and staff all involved in providing an efficient and effective learning environment spanning many countries. The manufacturing sector is another prominent example of globalization, such as the manufacturing and assembly operations of automobile manufacturers spanning international boundaries. Certainly some would say globalization has provided many benefits to businesses and people interested in obtaining associated products and services. But at the same time, globalization has created significant controversies and challenges. For example, governments throughout the world are now finding it difficult to define and interpret the modern business world as related to historical “made in X” (X being some country) guidelines or laws. At the very least, such definitions are often lengthy and complex these days. One of the most intriguing (and likely challenging) issues facing business at present is the topic of cross-cultural differences related to globalization. What’s considered perfectly acceptable in one country might be considered inappropriate or even illegal in a different country. And at a more subtle level, topics such as how managerial decisions are discussed, negotiated, and approved within an international business environment can have significant cultural dimensions. Some countries have a highly participative culture, where a fairly large group of managers will be involved in considering some issue. Others might have a more centralized decision-making culture, whereby the senior manager involved has the responsibility for making relevant decisions. Examine the issue of potentially outsourcing legal services to another country. Write an analysis that addresses the following questions: What are some of the variables associated with outsourcing legal services? Which major, or key, variable constitutes the driving force behind this practice? Do you consider legal services outsourcing a good practice in terms of cross-cultural communication and cross-cultural organizational structures and hierarchies? Why or why not? What other business processes or services might be good candidates for outsourcing? Why? How do these business processes and services compare to legal services in terms of potential outsourcing risks and benefits? What are some of the issues business managers should consider as they determine whether to outsource such services? Which of these issues are more or less important to a successful outcome than others? Why? Support your analysis with references from the Capella University Library, GlobalEDGE website, or other Internet sources. PART 2 Length: 250–500 words. Writing: Your analysis should be free of grammar and spelling errors, demonstrating strong written communication skills. Format and references: Use proper APA-formatted references and in-text citations when identifying your sources. An organization’s approach to business ethics is a critical aspect of international business operations. Managers must understand that success may hinge on an astute analysis of ethical business practices and how a particular philosophical approach to ethics can affect an organization’s ethical standing abroad. Complete the following: Use the Capella library or Internet to research the following philosophical approaches to ethics—sometimes referred to as “straw men.” Some ethics scholars consider these approaches as exemplifying the inherent challenges in determining guidelines for ethical decision making in a multi-national organization. The Friedman Doctrine. Cultural Relativism. The Righteous Moralist. The Naive Immoralist. Write an analysis of the role that social responsibility plays in doing business internationally. To guide your analysis, consider the organizational structures and hierarchies of any organization involved in international business. In your analysis, address the following questions: What effect does an organization’s ethical standing, or reputation, have on its business abroad? Will any of these philosophical approaches to ethics work in the organization you have in mind? Why or why not? How does a particular philosophical approach to ethics reflect on an organization and its managers? Support your analysis with references from the Capella University Library, GlobalEDGE website, or other Internet sources. PART 3 Length: 250–500 words. Writing: Your analysis should be free of grammar and spelling errors, demonstrating strong written communication skills. Format and references: Use proper APA-formatted references and in-text citations when identifying your sources. Fluctuations in currency exchange rates can have significant effects on business costs, asset values, and profitability. Therefore, it is important for managers to be familiar with exchange rates and currency considerations and to understand the risks involved in currency exchange. Complete the following: Examine the concept of the exchange rate between the Japanese yen and the U.S. dollar. Choose a Japanese company, such as Toyota, Canon, or Mitsubishi, and identify a strategy that the company might consider to reduce its currency exchange risk associated with Japanese and U.S. currencies. Write an analysis in which you include the following: Identify the exchange rate of the Japanese yen and the U.S. dollar. Discuss the resulting value of selling goods in the United States exported from Japan. Explain how weekly changes in the exchange rate would affect profitability for exports from Japan to the United States. Identify risks related to changes in the exchange rate from a management perspective. Support your analysis with references from the Capella University Library, GlobalEDGE website, or other Internet sources. PART 4- The country is CHINA the product is perfume. Use the following guidelines when writing your analysis: Length: 750–1500 words. Writing: Your analysis should be free of grammar and spelling errors, demonstrating strong written communication skills. Format and References: Use proper APA-formatted references and in-text citations when identifying your sources. Examine the following characteristics of the country you selected: Country background and history.-China Location and geography. Inhabitants, lifestyle, culture, and customs. Communication and language. Economy and currency. Legal environment. Government. Identify the issues you will need to consider to determine the feasibility of a successful product launch and address the following: What are social, political, and legal structures and hierarchies of the selected country that are relevant to market expansion? How do they compare to those of the United States? What are the cross-cultural communication issues that could result from differences in the social, political, and legal structures and hierarchies between the foreign country and the United States? Support your analysis with references from the Capella University Library, GlobalEDGE website, or other Internet sources. Assess the desirability of expanding your company’s product market into the country you have selected in consideration of companies that may already be doing business there. Identify 2–3 competitors and assess their present market situations. Compare your company’s offerings to those of your competitors, and address the following questions: Would your company be the first in the region? Is the market saturated with competitors? If there are existing competitors, is there evidence that suggests that they have, or have not, been successful? What price might consumers pay? Can you establish the sales potential? Based on your market assessment, what are the potential barriers to market entry? Do any of these barriers present significant risks to market expansion? When it considers pursuing foreign markets, a company must analyze its ability to establish and maintain its business abroad. Extend your market expansion feasibility investigation by addressing the following questions: What are the key production considerations for conducting operations abroad? Where would manufacturing operations take place? What are the key fiscal considerations, such as the foreign exchange market and the international monetary system? How will you determine whether or not this market expansion is a profitable venture? How would you manage this venture? What management structure would you recommend? What are the elements of the internal workings of the company that you must consider carefully before making your final recommendation to the board of directors? What political and legal rules and regulations must be followed to sell the product abroad? Are there forms to file? How will existing social and cultural structures and hierarchies affect business operations and company management structure? What is your strategy for launching and promoting the product?