Homework: Ethical Considerations in Global Expansion
You formed a team and started the process of growing your simulation company. As you saw in the Conscious Capitalism videos, and in this Linda Fisher Thornton video-Lea ding From A Strong Moral Center, having a strong commitment to your values and ethical stance is critical to business growth, especially as your company grows and you expand into other countries and cultures.
In this Homework, you will research many facets that will be important to consider as you decide which country(ies) your simulation company should expand into. For example, you will discuss the four principles of Conscious Capitalism. Further, you will discuss the role of government operating as a business. Additionally, you will research three markets for possible expansion, and highlight economic and cultural considerations. Then, with your simulation company's values as a backdrop, you will recommend and justify country(ies) for expansion of your business.
This Homework explores the professional skills of;
1) Global awareness
2) Awareness of ethical issues and responsibilities
3) Make ethical decisions and solve problems
4) Work effectively in teams
Homework Goal and Thought Process
Goal: As a Conscious Capitalism based business, how can we use these principles to help us determine which governments Amsterdam [Holland], Rio de Janeiro [Brazil], Bangalore [ India] the countries under consideration expansion) would be the best match to ensure successful expansion into this country.
Thought Process
1) Business decisions are based on a variety of data points including, sales, profit, cultural match. Your goal as a business leader is to make decisions that have the best chance of success so you will need to incorporate as much data as possible before making your decisions.
2) If you were going to be presenting to your management in a real-world situation, and requesting funds to support your expansion plan, you will need all of this data to be seen as credible and win support for your plan.
3) The role of government and official policies have an important impact on the growth of their nation(s).
4) In your simulation, you will be creating plans to expand to any or all of these 3 areas, Amsterdam, Rio de Janeiro, and Bangalore and need to have a foundation for making these choices to augment the traditional sales and profit goals. The 4 principles of Conscious Capitalism can be an additional data source for decision making
5) As governmental policies will play a large role in our success when expanding we need to know the following;
a) Can a government operate as a business?
b) How can we view governments through the lens of Conscious Capitalism to help us make our expansion recommendations? While the principles are usually applied to business, can we apply them to governments?
c) What is the culture of each country under consideration for expansion and how many principle(s) of Conscious Capitalism do they follow?
d) How does this information help us make expansion recommendations, if our goal is to expand to countries that have the strongest link to these principles?
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.