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Global Business Plan: Target Essay

7199 words - 29 pages

Final Global Business PlanRegional AnalysisIn the past, politics mainly covered national governments. Today they take on more of a global practice as the world is globalized. This is done through political integration cooperation's, such as European Union and through intergovernmental organizations like the World Bank and the World Trade Organization. By using the sources that have been formed allow companies to expand into foreign destinations.Of all of the countries in the world at this time, the two strongest regions are North America and Asia. These two areas are strong in intellect and income. Japan is a country known for its high technology and savvy business approach, which is how ...view middle of the document...

A Target store in Japan would help the social, health, and environmental status in Japan. Target would offer a wide range of jobs that would benefit Japan socially. Target offers health benefits that would benefit the employees. Target offers a great deal of medical products as well as prescription medicine. Target proudly offers a well-kept, clean shopping environment. Having a Target store would benefit Japanese society and the health and welfare of the Japanese population.Target also takes a great deal of pride in protecting the environment. By using the company's current policies on the recycling of cardboard, plastic, metal and hangers, the company can refrain from polluting the small country of Japan and leave a legacy for years to come in the new market.Terrorism is a global concern. The terrorism threat for Target, as a merchandise/food store is relatively low, but Target Stores addresses it as a prime concern. Even though the odds of a bomb ever entering a store or facility are slim, the company follows procedures and trains its employees on how to handle these situations in case they were ever to arise. Target has an entire pyramid of their company that focuses on terrorism and disasters. This is a part of the assets protection team. For example, if anything of a suspicious nature was to ever enter one of its facilities, this specialized team can track it back to where it originated. This team could prove to be extremely beneficial to any government, just as it has proved itself beneficial to the United States government.Country AnalysisJapan is an economic world power with the world's second largest economy (Library of Congress, 2006). Japan's industrialized, free-market economy is the world's fourth largest by purchasing power parity (PPP) after United States, People's Republic of China, and India (Library of Congress. 2006). The country is the second largest by market exchange rates. Its economy is highly efficient and competitive in areas linked to international trade, although productivity is lower in areas such as agriculture, distribution, and services (Library of Congress, 2006).Economically, Japan is one of the most highly developed nations in the world. Its gross domestic product is the second highest in the world. Japan has a high-income category with gross national index of 38,980.00 per capita (US$) (Library of Congress, 2006).The main elements of Japan's financial system is much the same as those of other major industrialized nations: a commercial banking system, which accepted deposits, extended loans to businesses, and dealt in foreign exchange; specialized government-owned financial institutions, which funded various sectors of the domestic economy; securities companies, which provided brokerage services, underwrote corporate and government securities, and dealt in securities markets; capital markets, which offered the means to finance public and private debt and to sell residual corporate ownership (Library of...

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