Beginning Development of Global Strategies part 2

 
Primary Discussion Response is due by Friday 4/6/18  (11:59:59pm Central), Peer Responses are due by Tuesday (11:59:59pm Central).
Primary Task Response: Within the Discussion Board  area, write 600–800 words that respond to the following questions with  your thoughts, ideas, and comments. This will be the foundation for  future discussions by your classmates. Be substantive and clear, and use  examples to reinforce your ideas.
You spent the last week reflecting on both your appreciation of  Deborah’s praise and the success of the organization, and then had a  long weekend with your family. As you walk in to work on Monday, all you  can think about is how excited you are about the future of the company.  
You sit down at your desk and get started on your newest marketing  proposal for Deborah when there is a knock at your door. When you call  for the person to come in, Anna, the financial analyst, enters.  
“Good morning,” she says. You are surprised to see that she looks nervous because Anna usually has a smile on her face. 
“Hi, Anna. Is everything okay?” you ask. 
“Well,” Anna begins, “I just finished our quarterly report. Our profit margins have dropped by 2% this quarter.”
After Anna leaves to send her report to Deborah, you start to wonder  how you and your team can help fix this. Is a global strategy the  answer, or should the company continue to focus on the domestic market?
You call a team meeting to learn about the progress of their research. 
Tiffany, one of your team members, begins the discussion. “I think we  need to look at some of the internal factors,” she says. “We know what  our capabilities are on the domestic front, but what about in the global  market? We have a fairly strong market presence here in higher-end  markets, but how does that translate globally?”
“Well, I think we need to identify a benchmark to give us some more  information to make a better decision,” you explain. Answer the  following:

What is your benchmark?  
Did it benefit from global expansion? If so, how? If not, why?   
Did this benefit or hinder the benchmark’s domestic market share? Explain.  
Were there risks associated with the globalization?  
How were these risks minimized? 

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