International business practices
2 part essay, first part 400 to 600 words as follows. Your first task is to begin to build your assignment which will continue into week 5 in an individual project. Below is the lead in to your assignment task. You will build on this in the final IP for your final project in Unit 5IP. Attach your document to the main discussion post, and include any notes you feel are appropriate. The purpose of this assignment is to help improve the quality of the Key Assignment Draft you will complete next week. A regional bank has decided to open an office overseas for serving those businesses that are expanding internationally. Choose a country with a large financial center that you believe would be helpful to your customer base. Discuss some of the challenges you may face in this new environment.What are the cultural, ethnic, social, and educational characteristics?Describe the political and legal systems.How much does the government intervene in the private sector?How will that affect your financial institution?What type of economic system does it have?What is the history of that economic system?How is the country involved in international trade?How does the government get involved in trade issues?Will that help or hurt your financial institution? Second part in continuation to first part 1000 to 1200 words. ssignment Description This is a continuation of what you began last week in the discussion board. Use that as your base and build on it here for your final paper. The total word count for this assignment will be about 1400 to 1800 when you combine the week 4 and week 5 assignments. A regional bank has decided to open an office overseas for serving those businesses that are expanding internationally. Choose a country with a large financial center that you believe would be helpful to your customer base. Will your presence in this country be helpful in your attempts to invest in other developing countries?Is this country involved in any regional integration efforts? How so?Why did you choose this location for your bank?As a manager, what would be your overall assessment about whether you want to pursue opening an office there?Are the financial risks worth taking?Will it be beneficial to all of the stakeholders?