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Social and Cultural Environments
Prior to beginning work on this assignment, review Chapter 4: Social and Cultural Environments, Chapter 5: The Political, Legal, and Regulatory Environments, and Chapter 6: Global Information Systems and Market Research. Watch the BUS622 Week Two | AssignmentLinks to an external site. video with Steve Forbes and the BUS622 Week TwoLinks to an external site. video with the Program Chair for BA of Operations and Analysis, Bill Davis.
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This assignment will give you a head start for your Week 6 – Final assignment that will be completed at the end of the course. As Part 1 of this assignment, you will choose a “mentor company” that you will refer to throughout this course.
In your assignment, Social and Cultural Environments
- Identify a large company from the list provided in the video to be your mentor company in order to analyze and formulate its global marketing strategy.,
- The company cannot be any of the following: McDonald’s Coca-Cola Walmart Starbucks or Pepsi.,
Under an Environmental Analysis heading, Social and Cultural Environments
- Construct an environmental analysis for your chosen company in the global arena and regarding the below factors:,
- economic
- trade
- social and cultural
- sustainability
- political legal and regulatory
Under a General Strategy heading
- Choose the appropriate option:
- (1) Identify a country in one of the following regions for your company to expand to based on your environmental analysis:,
- Latin America
- Middle East
- Africa,
- (2) Identify if your company has already expanded into the country you select in the regions listed above.
- Examine their global marketing strategy in that area.,
- Formulate your own successful strategy.,
- Explain your rationale for selecting the country in one of those regions.,
- Explain how the following criteria in that selected region, and particularly in your selected country, were incorporated into your rationale: Social and Cultural Environments
- demographic
- economic
- trade
- social factors
- cultural factors
- legal factors
- political factors
- Explain how the following criteria in that selected region, and particularly in your selected country, were incorporated into your rationale: Social and Cultural Environments
- (1) Identify a country in one of the following regions for your company to expand to based on your environmental analysis:,