Final+Paper+Team+B+Ver_1 - Final Global Business Plan 1...

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Final Global Business Plan 1 Final Global Business Plan Kelly Betz, Patrick Miller, Maria Paula Rubin, Christopher Wall University of Phoenix MGT 448 – Global Business Strategies July 7, 2008
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Final Global Business Plan 2 Final Global Business Plan Many different factors have caused organizations to make the decision to go global. At times it may be the high operational costs of running a business in the United States or the opportunity comes along to expand a business and the decision is made for the expansion to take place outside of the US. Whatever the reason, globalization is a popular trend that is on the increase. This final global business plan will discuss the expansion of Staffing Specialties Inc. and factors that influenced their decision to open an office in Italy. This paper will highlight the organization, the services offered, and the mission statement. Additionally, this paper will discuss topics such as politics, economics, finance, terrorism, and social, health, and environmental and evaluate these trends by analyzing global currents events and region and country analysis. A formal budget and financial overview that highlights currency risk management and the financing of the global business operation will be presented. Staffing Specialties must decide whether to take a centralized or decentralized approach when operating abroad. This final global business plan will evaluate exit strategies and conclude with an evaluation on the feasibility of the global venture. Region Analysis Southern Europe is a region of Greece, Italy, Portugal and Spain and has lacked a historical tradition of stable democratic governance. According to Gunther, Diamandouros and Puhle (1996), “most of the early democracies were so flawed that they could not be regarded as fully democratic, or were so unstable that they collapsed and were replaced by right-wing or authoritarian political systems.” By the mid 1970s, only Italy had the capability of maintaining a democratic regime and only in the last 25 years have the other Mediterranean countries of
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Final Global Business Plan 3 Greece, Portugal and Spain been able to stand alongside Italy as a democratic nation in the Southern European community. Geographically, Southern Europe would be compared to being the size of half of the landmass of Europe. This southern part of Europe is protected by the natural barriers of the Alps and Massif Central mountains located between Italy and France. Southern Europe's climate is called the Mediterranean climate because the Mediterranean zone and the local landscapes throughout this region include dry hills, rolling plains, rugged mountains, pine forests, olive trees, grape vineyards, and sandy coastlines.
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This note was uploaded on 04/27/2010 for the course MBA 128798 taught by Professor Jenings during the Spring '10 term at University of the South Pacific, Fiji.

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Final+Paper+Team+B+Ver_1 - Final Global Business Plan 1...

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