This website uses cookies to ensure you have the best experience. Learn more

Country Risk And Strategic Planning Analysis Paper

2132 words - 9 pages

In Order to remain more competitive on a global scale, often companies today are deciding to globalize their markets by taking their businesses to outside countries. Successful implementation of products and services into a foreign market requires the business to conduct a necessary analysis of all the risks involved and create any applicable strategic plans addressing these issues. In this paper, a risk analysis will be conducted to help Playa Frente successfully open and run a hotel in Mexico.Political, Legal and Regulatory Risks The political, legal and regulatory risks of opening a hotel in Mexico vary. Playa Frente's plan is to acquire an existing hotel and move it under its own brand. ...view middle of the document...

Playa Frente's entrance into the market will give people more options and make the market more competitive. These companies have done very well in Mexico and have opened the door for companies, such as Playa Frente.Taxation and Double Taxation RisksThe US-Mexico tax Treaty sets the standards regarding taxation and double taxation. The agreement outlines what taxes are covered, defines who the parties and the context of the agreement and itemizes what is covered under the agreement. The agreement outlines the rules under which a business' profits are taxed and when double taxation comes into play. The agreement defines the establishment of permanent residence, which Playa Fente would seek to have by opening a hotel in the country on a permanent basis. This treaty details how the permanent resident is taxed and under what circumstance double taxation applies. Based on the information contained in the agreement, could be possible that Playa Frente may be double taxed.Market Risks (4 P's)Marketing decisions are based on four areas sometimes referred to as the "Marketing Mix." These areas consist of product, price, place and promotion. These areas are parameters that a marketing manager can control, subject to the internal and external constraints of the marketing environment (NetMBA, 2008).Service and accommodations are the products. The price must remain competitive with other resorts in the area. The resort is located in a designated tourist area and therefore, is an advantage in marketing the resort. Promotion will be conducted by internet, travel agencies, magazines and word of mouth from satisfied customers.Distribution/Supply Chain Risks Supplies require for a resort are common items such as furniture, décor, linens, food and beverages. These types of supplies will be easily obtained in Mexico either locally at more affordable prices or may be imported from the United States if not available in Mexico. Larger items such as furniture and decorating items will be an occasional purchase rather than an ongoing supply need reducing supply chain risks.Physical and Environmental Challenges The resort will be located on the beach so weather will be a factor. The resort will be all inclusive and must provide enough activities at the resort to provide guests with a relaxing and pleasurable vacation experience even if the weather deters visitors from beach activities Sales will be seasonal due to the changes in the weather. Prices will need to be adjusted to accommodate these types of environmental and physical changes.The hotel will follow American environmental standards to promote a "green" philosophy. This will protect Mexico's resourced and send the politically a correct message to the resort's guests from other countries.Social and Cultural Risks Guests visiting foreign countries want to experience the culture and have an opportunity to try something new and exciting. Mexican and American cultures will be combined to provide the guests with...

Other Essays On Country Risk And Strategic Planning Analysis Paper

Strategic Directions-Formal And Informal Essay

1536 words - 7 pages involves considerable investment and risk. The advantages of such an operation are that it overcomes trade barriers, facilitates rapid entry into the host county, and provides an increased economy of scale, a strong competitive edge, additional raw materials and less vulnerability to risks in the host country. Unfortunately, sixty per-cent of these joint ventures fail because not enough planning was involved to ensure a "fit" between the partners as

Evaluation Of Stratigic Management Essay

4178 words - 17 pages to examine the differential impact of external influences on organizations. After the external environment analysis industry analysis is required. Industry Analysis is the basis of intelligent strategic planning. It's a systematic process of gathering and analyzing, information about the industry on a global and domestic basis. Factors include economics, trends, social and political factors, and changes in technology, and the rate of change. An

Initial Risk Assessment

1869 words - 8 pages faced with a potential threat (Barnes, 2001). This BCP will recover or restore any essential functions within a time, after being presented with a disaster or a disruption. These essential functions mentioned, are those key to the organization's mission. The BCP includes performing a Business Impact Analysis (BIA) and a Risk Assessment (RA), which assess the potential impacts of various measures on the organization's operations. A BCP does not

Project Management

5084 words - 21 pages to individual work packages.o Risk management planning (Risk) - deciding how to approach and plan for risk management in a project.o Risk identification (Risk) - determining which risks are likely to affect the project and documenting the characteristics of each.o Qualitative risk analysis (Risk) - performing a qualitative analysis of risks and conditions to prioritize their effects on project objectives.o Quantitative risk analysis (Risk

Risk Management

5224 words - 21 pages and control.This can results In:• Improving their decision-making, planning and prioritizing skills.• Well-organized allocation of the resources and the capital.• Allows them to anticipate the problems and utilizes the best minimizing amount of fire fighting and preventing a disaster, which could lead to sever financial crunch.• Risk management significantly improves the probability of the delivery of the business plan

Amcor - Case Study

4689 words - 19 pages maintain its efficiency of asset utilization in sales generation. The net profit margin should be increased in the future and thereby improve the profitability.Through proper financial management the risk that rose from the acquisitions can be negated in the future. Amcor can definitely turn out to capture more market share and dominate over its competitors.1.0 IntroductionHere in this paper, Amcor's acquisitions are being analyzed and whether its

Total Quality Management

1436 words - 6 pages excellence in everything they do beginning with the strategic plan. "Companies clearly have a competitive advantage when they can develop an effective strategic plan" (Strategic Planning for Business Excellence, 2002). Total Quality Management (TQM) consists of an integrated approach to define and document principles, processes, production, and the best practices that provide the organizational framework of excellence. Corporate process

Global Business Plan: Target

7199 words - 29 pages , product and the lives of its team members.Internal/External Environment (SWOTT)SWOTT analysis is a strategic planning tool used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture or in any other situation of an organization or individual requiring a decision in pursuit of an objective (Wikipedia, 2006).Target Stores strengths would be an attribute to the Japan culture and assist in

Sun Life Case

7990 words - 32 pages Table of contents1: Summary 22: Main Contents of the report 3-202.1: Introduction 32.2: Problem and the followed procedure 42.3: Sun Life Financial from strategic managerial viewpoints 42.3.1: Sun Life Financial's strategic logic 62.3.2: SWOT analysis 102.3.3: PEST analysis 132.3.4: The attractiveness of the Chinese insurance market 172.3.5: Strategies and city choice 183: Results, conclusions and recommendations 224: Bibliography 231

Kudlers Fine Foods

1559 words - 7 pages inserted into the local paper and distributed to restaurants but because this is done infrequently, sales are not on a steady rate. Another direction that Kudler's is heading is in catering. Brochures are available in stores for catering services and this has been a profitable service. This is another way that Kudler's can establish new customers because individuals', who have attended the catered function, visit the store after the event.Kathy Kudler

Black Water Rafting, Internal And External Environment. Strategic Management

8971 words - 36 pages external context of the business demonstrating the analysis of the resources and environment that the organisation has. Following this, future potential strategies will be identified.Concluding the report…2. Internal environment2.1. Mission StatementA mission statement can be defined as"A formalised statement of the overall strategic purpose of an organisation." (Evans et al. 2003)The purpose of the mission statement is to communicate to all

Similar Papers

Decision Making, Planning, And Strategic Planning

925 words - 4 pages AbstractAsk five or ten different people for a definition of strategic planning or decision making or even planning and you will probably receive five or ten different answers. Most agree that strategic planning is a way to identify long-term goals and to direct your company toward fulfilling those goals.Most also will agree that decision making is a cognitive activity involving the interplay of environmental cues and human cognitive processes

Report On The Mintzberg's Article In The Harvard Business Review About The Fall And The Rise Of Strategic Planning

464 words - 2 pages responses with responses that emerge out of the changing environment. Strategy may appear as a plan to some, but to others the term is used to describe a position. For others, strategy implies a perspective or concept of doing business. This last often speaks volumes to the organization's values and culture.To summarize Mintzberg emphasizes the need to stop putting so much importance on the strategic planning. It can sometimes blur the image for the

Easy Jet And The Strategic Analysis Of External Environment

3351 words - 14 pages costs and overheads wherever possible easyJet has been able to establish themselves as one of the major players in the European airline sector.When easyJet first launched in November 1995 Stelios had a clear intended strategy to provide low-cost air travel to the masses, while maintaining high levels of customer satisfaction and passenger safety.Although many of the strategic models and techniques used by Stelios and easyJet to realise the

Juvenile And Adult Courts – A Comparative Analysis Write A 1,000 To 1,500 Word Paper Comparing And Contrasting Juvenile Court With Adult Court. Include The Following In Your Paper:

1163 words - 5 pages Untitled Juvenile and Adult Courts - A Comparative Analysis Mike Lemke University of Phoenix CJA 393 Len Swadlow May 10, 2010 Abolishing the juvenile court system is part of a long process. The process may derail justice from taking place in a timely manner. An intricate replacement plan needs to be in place if society decides to move juvenile cases to criminal courts. Chaos would take place without a