Free Online Course in International Business
Knowledge of Resources:
Ex-Im Bank, SBA, Private Banks, Non-bank Private Sector Lenders
Activity 1: Project
(minimum 4 weeks)
Students should create a financial plan out of the
information provided below, as either an individual or a group project.
The objective of each financial plan is to seek funding for the
penetration into any one to three major new country markets of their choice.
The country choices can be determined by the evaluation of five countries
(dependent upon the number of members in the group). Select one to three from
the five based on preliminary research.
Once the country (ies) are chosen, the students will prepare a financial
plan to seek funding for the project based on the given details as provided for
the activity. Should time permit,
the members can present their plan to the other groups.
The following instructions should be given to the members
of each group.
Instructions
You are to prepare a financial plan for Global Meat
Distributors, Inc. (a fictitious company) based on the sections and information
provided below. It is important to
include all sections in order to have a complete plan.
Cover page and table of contents
Mission Statement
The mission statement should be written to present the
goals and objectives of the company.
Some examples follow:
AFLAC - Mission Statement
To combine aggressive strategic marketing with quality
products and services at competitive prices to provide the best insurance value
for consumers.
ALBERTSONS - Mission Statement
Guided by relentless focus on our five imperatives, we will
constantly strive to implement the critical initiatives required to achieve our
vision. In doing this, we will
deliver operational excellence in every corner of the Company and meet or exceed
our commitments to the many constituencies we serve.
All of our long-term strategies and short-term actions will be molded by
a set of core values that are shared by each and every associate.
AMERICAN STANDARD COMPANY- Mission
Statement
American Standard's mission is to "Be the best in the eyes
of our customers, employees and shareholders."
AVON - Mission Statement
The Global Beauty Leader:
We will build a unique portfolio of Beauty and related brands, striving
to surpass our competitors in quality, innovation and value, and elevating our
image to become the Beauty company most women turn to worldwide.
The Women’s Choice for Buying:
We will become the destination store for women, offering the convenience
of multiple brands and channels, and providing a personal high touch shopping
experience that helps create lifelong customer relationships.
The Premier Direct Seller:
We will expand our presence in direct selling and lead the reinvention of
the channel, offering an entrepreneurial opportunity that delivers superior
earnings, recognition, service and support, making it easy and rewarding to be
affiliated with Avon and elevating the image of our
industry.
The Best Place
to Work: We will be known for our
leadership edge, through our passion for high standards, our respect for
diversity and our commitment to create exceptional opportunities for
professional growth so that associates can fulfill their highest potential.
The Largest Women's Foundation:
We will be a committed global champion for the health and well-being of
women through philanthropic efforts that eliminate breast cancer from the face
of the earth, and that empower women to achieve economic independence.
The Most Admired Company:
We will deliver superior returns to our shareholders by tirelessly
pursuing new growth opportunities while continually improving our profitability,
and be a socially responsible, ethical company that is watched and emulated as a
model of success.
Executive Overview
The CEO Anthony Masters executive profile which is provided
below should be copied into the financial plan.
Each member should create an executive profile based on his/her personal
education and experience. Do not be
concerned that a profile does not meet the needs of the financial plan.
This exercise is intended for each member to reflect on his/her personal
experience.
Executive Overview for Anthony Masters
Anthony Masters, Chairman
Widely known as an industry leader in the meat distribution
industry, Anthony Masters is a Certified Public Accountant holding a master’s
degree from Harvard
Business
School.
Prior to starting Global Meat Distributors, Inc., he worked as an auditor
for several distributors. Mr.
Masters recognized the need for global distribution of beef and started 15 years
ago Global Meat Distributors, which now controls 30% of all global distribution
of beef from the United States.
He has held the position of chairman on the National Meat Distributors
board and is involved with several committees advising the President of the
United States.
Some titles that each member may take follow:
·
Chief Executive Officer
·
Chief Operating Officer
·
Chief Information Officer
·
Chief Financial Officer
·
Vice President of Sales and Marketing
·
Vice President of Distribution
Executive Summary
This summary should be no more than a one page.
It should briefly explain what the members evaluated and the outcome of
that evaluation. It should support
the need for funding and penetration of new markets that are recommended.
Include any market segments that were rejected during the evaluation
process and reasons why they were rejected.
Remember this summary is a compilation of the sections that follow it.
Organization Chart
Create an organization chart consistent with the titles
utilized in the executive overview section.
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