1-2 Discussion: SWOT Analysis

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Business Finance

For this activity, use the SWOT analysis framework to begin evaluating which location (Russia or South Korea) would be best suited for an international expansion of one of the organizations listed in your final project document. Use the SWOT analysis to consider possible strengths, weaknesses, opportunities, and threats associated with an international expansion to South Korea and Russia, and compare the results of each country’s suitability for potential international expansion.

For this discussion, provide the following for each country (Russia and South Korea) relative to the product or service of the organization you will select:

  • Describe at least two weaknesses or threats that could impact the expansion’s success.
  • Include at least one cross-cultural challenge of conducting business in this region.
  • Briefly discuss a potential ethical issue you could encounter and what type of contract(s) may be needed to address this issue.

In your response posts, compare and contrast the findings of your SWOT analysis with those of your peers. Offer additional strengths, weaknesses, opportunities, and threats that may apply in their situation.

Refer to the Discussion Rubric for directions on completing these discussions.