Required informationSkip to questionGrubHub and the Dynamic Business Environment This activity is important because, as a manager, it is important to understand the environment in which your business operates. Especially if you work for an organization that is considering expanding into international markets, it is important to understand potential barriers to international business. These include economic, legal, political, social, cultural, and technological barriers to international business. For example, when expanding into a different country, it may be important to consider how differences in language and culture could affect the business’s ability to be profitable in the new country. The goal of this exercise is to demonstrate your understanding of the barriers to international business as they apply to GrubHub’s expansion to other countries. Click the ► button to watch the video. Then, answer the questions that follow. If GrubHub decides to expand to another country by allowing another company to use its company name, website infrastructure, and training materials in exchange for a fee, then GrubHub is usingMultiple Choiceoutsourcing.direct investment.a trading company.licensing.

You are the business development manager for a large Canadian food processing and manufacturing company. Senior management is interested in expanding into international territories. You have been tasked to investigate the business environment of two of the countries listed below and prepare a report with your recommendations on the best mode to enter the market. The report should address the following factors impacting the business environment: 1. Political (Consider the following: type of government, political stability, foreign policy, trade regulations, tariffs, corruption) 2. Economic (Consider the following: currency exchange rate, interest rates, taxes, demand/supply, inflation) 3. Social & Cultural (consider the following: consumers' lifestyles, education, religion, beliefs, values, demographics, social classes, sexuality, and attitudes). 4. Legal (Consider the following laws: Consumer, Discrimination, Copyright, Health and Safety, Employment, Fraud, and Import/Export) 5. Investment (FDI): (consider the following: regulations, wage rates, labor skills, transportation, and infrastructure). The countries of interest are: 1. China 2. India 3. Philippines 4. Egypt 5. Saudi Arabia 6. Turkey 7. Poland 8. Greece 9. Venezuela 10. Brazil Rational: This assessment evaluates students knowledge and understanding of the factors impacting business expansion and development in international markets as specified in the course learning requirements; CLR#1. CLR#2, CLR#3, CLR@4. Instructions: Following analysis of the selected two countries business environment, provide the following: 1. Recommendation on the country most suitable for your company’s products/objectives. 2. Justify your selection. 3. Recommendation on the mode of entries: Direct, Indirect, Licensing, Distribution, others. 4. Justify your recommendation for mode of entry. 5. Analysis should be based on factual data supported by the appropriate citations. 6. Provide citations and references to support your decisions

TipsGet tips through StudyGPTQuestion textTrue or False: the new, modern business environment dictates that as a business communicator, you must be aware of how you communicate on an international and intercultural level.Question 3Select one:TrueFalse

Required informationSkip to questioniSeeit!: Entering Foreign Markets This brief video describes several of the various modes of entry that can be used by a business seeking to engage in international trade. This activity is important because exporting, licensing agreements, franchising, strategic alliances, joint ventures, and foreign direct investment are the major options that exist for a business wishing to enter global markets, and this video describes several advantages and disadvantages of major options. The goal of this activity is to demonstrate your understanding of the modes of entry options available to a business seeking to expand internationally. Click the ► button to watch the video. Then, answer the questions that follow. What is a major pitfall of franchising?Multiple ChoiceAll of the answers are correct.Control is held tightly by the franchisor.Franchisees have a right to run the business as they see fit in all areas of operation.Less money is made through franchising.The brand is at risk by franchisees who may deliver poor products.

1 pointWhich of the following best defines international business?

Explain various forms of globalisation of business.