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          Course Project Phase II        Â
- RE: This is  the concluding project for this Graduate International Business course.  It offers the students the opportunity to show mastery of all of the key  concepts covered in the course and the mastery of designing a  successful international business strategy. The project  involves a plan for the expansion of business to another country (with  no current presence) and you are required to present the plan to the  Board of Directors for approval. Your plan must incorporate and address the following critical areas in International Business:
- Global Business Opportunities (Phase I)
- International Competitors (Phase I)
- The Economic-Geographic Environment (Phase I)
- The Social-Cultural Environment (Phase I)
- The Political-Legal Environment (Phase I)
- Global Company Structure (Phase II)
- Financing Sources for Global Business Operations (Phase II)
- Global Management Information System (Phase II)
- Human Resources for Global Business Activities (Phase II)
- International Financial and Business Risks (Phase II)
- Product and Target Market Planning for Foreign Markets (Phase III)
- Global Distribution Strategy (Phase III)
- Global Promotion Strategy (Phase III)
- International Pricing Strategy (Phase III)
- Financial Results (Phase III)
- International Business Success (Phase III)
The project has 3 phases:Â
Phases 1 and 2 have independent critical areas in International Business.
Phase 3 also has independent critical areas in International Business  but includes refined phases 1 and 2 (using professor’s feedback),  making one Final Project document.
Key Components of Phase II paper:
- Introduction to your paper – Since the first paragraph  or section of a document is assumed to be the introduction of the paper,  the word ‘Introduction’ is not needed. Do not begin a paper with the  word ‘Introduction’ as a heading (APA, 2020, p. 47). The paper’s title  should be the first heading above the first body paragraph of your paper  and must be bolded – Check Sample Student paper (APA, 2020, pp. 61-67)
- Selecting a Global Company Structure
- Suggest objectives and an organizational framework for global business operations
- Financing Sources for Global Business Operations
- Project start-up costs and funding sources for international operations
- Creating a Global Management Information System
- Identify needed databases and information systems to facilitate international business activities
- Identifying Human Resources for Global Business Activities
- Gather information on needed personnel for operating an international enterprise
- Managing International Financial and Business Risks
- Identify methods for reducing global business risks
- Summary of content and a summary projecting what you will address in Phase III.
- Not less than 6 references.
Course Project Phase II must be in APA format
Course Project Phase I
BUS6750 International Business Management
Calvin Durham Jr.
Shorter University
Professor Deondre Earl
March 26, 2023
Business Expansion Plan for Clippers Tour Company to Italy
Clippers Tour Company is a US-based tour company that specializes in providing high-quality travel services to its customers. The company has been operating in the United States for several years and has established a strong reputation for itself in the market. The company is now considering expanding its operations to Italy, one of the most popular tourist destinations in the world. This paper will provide a business expansion plan for Clippers Tour Company to enter the Italian market. The plan will incorporate and address the critical areas of international business, including identifying global business opportunities, analyzing international competitors, and assessing the economic-geographic, social-cultural, and political-legal environments.
Introduction to Clippers Tour Company
Clippers Tour Company is a US-based tour company that has been in operation for several years. The company provides various travel services, including tour packages, travel arrangements, and accommodations. The company has established a strong reputation in the United States and is considering expanding its operations to Italy.
Current International Position
Clippers Tour Company has not yet expanded its operations outside the US. The company’s primary market is domestic travelers in the US. The company has a solid online presence, attracting clients from around the world interested in traveling to the US.
Overview of the Plan for Expansion
The Board of Directors has identified Italy as a potential market for expansion due to its rich culture, history, and beautiful landscapes. The company aims to provide customized tour packages to clients who are interested in experiencing the best that Italy has to offer. The company plans to offer several cultural, adventure, and luxury tours to cater to a diverse clientele.
Identifying Global Business Opportunities
Italy is one of the most popular tourist destinations in the world, attracting millions of visitors every year. According to a report by Euromonitor International (2020), Italy is the fifth most visited country globally, with over 94 million international visitors in 2019. The tourism industry significantly contributes to Italy’s economy, accounting for a significant share of the country’s GDP. According to a report by Statista (2021), the tourism industry in Italy is a significant contributor to the country’s economy, accounting for a significant share of the country’s GDP. The report indicates that Italy is one of the most popular tourist destinations in the
