Write a Global Strategy Report.You are hired as an Intern in the Global Strategy department of CARWOW company. The company wants to open a branch in another country… Your job is to prepare a Report for the senior management of the company that would include: 1. A brief profile of the company including the following information: Year company formed, product or service offered, financials (sales and profits in the last year), number of employees, number of countries it currently operates in. 2. Recommend a country for the company to expand into using the Porter`s Diamond Framework (use the specific PORTER model). 3. Propose, explain and justify at least two SMART objectives that the company should seek to achieve in the new country within the first two years that would improve the company. 4. Specify and justify the company`s main basis for competitive advantage in the country it is expanding into. 5. Recommend and justify the most suitable foreign market entry strategy that your chosen company should adopt to enter the new country identified. 6. Identify three key challenges that the company will face in the new market and then propose suitable recommendations for dealing with these challenges.
