Imagine that you are running a company in the US and thinking of expanding into both South Korea and Taiwan.

Entry Modes for a resort in taiwan and south korea. – Pick the mode that is most suitable for your company and explain the rationale for the same.

Team Project overview – Imagine that your team is running a company in the US and thinking of expanding into both South Korea and Taiwan. Your company operates in ___________________ (Pick one of the industry, your choices are – High Tech, Auto, Retail, Entertainment, Textile, Sustainable agriculture. Industries will be assigned on a first come first serve basis. The last day to pick an industry is 11/20/19 midnight). Give your company a name.

Structure of the paper/presentation

• Outline – Write/talk about what you are going to write/talk about, introduce your team members and briefly write/talk about the various parts the team members will write/talk about.
• Introduction – Give a brief overview of what your company is about. The products/services the company offers/provides.

Identify the opportunities and challenges that your company might face related to the following (refer to my video for further explanation) –

• Country Analysis (PESTEL Analysis) – Pick just one factor (that is most relevant to your company) for each of the acronym PESTEL
• Competitiveness Analysis (Porter’s five forces) – Pick just one factor (that is most relevant to your company) for each of the Porter’s five forces
• Entry Modes – Pick the mode that is most suitable for your company and explain the rationale for the same
• Hofstede’s model of cultural dimensions – Briefly discuss these and their impact on your company’s success
• Conclusion – Summarize key points and make sure that the conclusion should flow from the previous analysis.
• Points expected – How many points do you expect for this assignment and why?