International Business Expansion Report: New Caledonian Case Study

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Added on  2023/06/03

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This report analyzes the expansion of a business into New Caledonia, focusing on strategic alliances, legal compliance, and sustainable business practices. It examines the potential benefits of entering the New Caledonian market, including cost leadership and product differentiation, while addressing concerns from government, foreign exchange departments, and local communities regarding environmental protection and societal impacts. The report also explores the use of a CSR program to address these issues, and the importance of building a sustainable business for long term cooperative relations. The report references the New Caledonian mining industry and its environmental impact, and the impact of climate change on coastal communities. It concludes by highlighting the advantages of the cost leadership strategy to win the international market.
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BUSINESS INTERNATIONAL
EXPANSION
Student Name:
Student Id:
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INTRODUCTION
The presentation focuses on the concern and
possible busienss outcomes while expanding
the business on international level.
The outsourcing of the business production
activities in New Caledonian will also be
analyzed.
Sustainable business relation and concern
related to long term cooperative relation of
company will be discussed.
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PLANS TO DEAL WITH THE LONG
COOPERATIVE / SUSTAINABLE
RELATIONSHIPS
Entering into strategic alliance with the existing
business operation in New Caledonian for the
business outsources.
Setting up of legal compliance department in New
Caledonian so that harmonization in the domestic
and international rules could be done.
Follow proper CSR program and sustainable
practice for the acceptability of this business in
New Caledonian
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POSSIBLE CONCERN TO NEW CALEDONIAN
COMMUNITIES
Government communities- They will be
concerned for the legal compliance of laws by
company.
Foreign exchange department of New Caledonian
communities – it will be concerned for the
foreign reserve remittance from the country.
Local people- They will be concerned for the
environment protection and the business impact
on the society and environment at large (New
Caledonia, 2018).
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CONCLUSION
Setting up new business in New Caledonian
will result to creation of core competency in
cost leadership
It will allow company to win over the
international market by using the product
differentiation and cost leadership strategy.
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REFERENCES
New Caledonia, (2018) New Caledonia:
Unregulated Mining Threatens an Island and Its
People retrieved from
https://www.greengrants.org/2006/08/14/new-caledonia-
unregulated-mining-threatens-an-island-and-its-people/
Molotoks, A., Stehfest, E., Doelman, J., Albanito, F., Fitton,
N., Dawson, T. P., & Smith, P. (2018). Global projections of
future cropland expansion to 2050 and direct impacts on
biodiversity and carbon storage. Global change biology.
Ellis, S., Haws, M., Mendiola, J., & Hemil, M. (2018).
Sustainable Small-scale Mariculture Ventures as a
Comparative Climate Friendly Livelihood Alternative in
Pohnpei, Federated States of Micronesia. In Climate
Change Impacts and Adaptation Strategies for Coastal
Communities(pp. 31-42). Springer, Cham.
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