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There are varieties of reasons why companies decide to engage in international trade transactions or invest in foreign economies. In this assignment, you will draft a report on the **advantages and disadvantages** of engaging in international operations.**In your report, discuss the following:** – H…
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There are varieties of reasons why companies decide to engage in international trade transactions or invest in foreign economies. In this assignment, you will draft a report on the **advantages and disadvantages** of engaging in international operations.**In your report, discuss the following:**
– How do firms confront different social, cultural, demographic, environmental, political, governmental, legal, and competitive forces when doing business internationally?
– How do language, culture, and value systems differ among countries,and what barriers to communication and problems in managing people do they create?
– Why is gaining an understanding of regional organizations often necessary in doing business internationally?
– How can dealing with two or more monetary systems complicate international business operations?
– How do foreign operations allow firms to establish low-cost production facilities in locations close to raw materials, cheap labor, or both?
**Submission Details:**
– Support all your responses using examples and scholarly research.
– Submit your paper as a 4- to 5-page Microsoft Word document, using APA style.
– **Due by 1/21/25 at 8:30am CST**
**Requirements:**
1. **Make certain to include in text citations from your course text in addition to your outside leadership resources within your main post. This adds credibility to your argument. [Textbook]:** Lane, H. W., & Maznevski, M. (2014). [International Management Behavior: Global and Sustainable Leadership](https://myclasses.southuniversity.edu/d2l/common/dialogs/quickLink/quickLink.d2l?ou=122174&type=lti&rcode=southu-56742&srcou=11560) (7th ed.). Hoboken, NY: Wiley. 978-1118527375
2. _No plagiarism will be tolerated. Must be in 7th Edition APA format with cited sources within the last 5 years._
**3.** **No AI support, score must be 0% and less than < 10% score on Turnitin**
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InternationalOperations-Wk2AssignmentDetails.docx](https://www.sweetstudy.com/files/internationaloperations-wk2assignmentdetails-docx "InternationalOperations-Wk2AssignmentDetails.docx")
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Wk2AssignmentGradingRubric.docx](https://www.sweetstudy.com/files/wk2assignmentgradingrubric-docx "Wk2AssignmentGradingRubric.docx")
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