Provide a brief description of the organization you have selected for this project. Present the main drivers supporting the decision to expand internationally.

1.XYZ was chosen for the project. This technology company specializes is developing software solutions in healthcare. One of the main reasons for expanding internationally is the desire to reach new markets as well as the desire to grow revenue and share in the market. This project’s expansion strategy is called the international strategy. It involves expanding into one or more countries while still maintaining a central decision-making process. It allows gradual expansion which minimizes risk and permits for more controlled expansion.

  1. Japan is the higher-ranking nation selected to participate in this project. Japan boasts a robust economy, well-educated people, and high technological progress. According to the World Bank Group’s Economy Rankings, Japan ranks 16th in the world, with a score of 80.65 out of 100. Japan is a member of several important trade agreements, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and Japan-US Economic Partnership Agreement. These will help in this venture. The strengths of Japan include a strong and stable economy, a high standard of living, and a well-educated and technologically-advanced workforce. There are many benefits to expanding in Japan, including access to a vast market and the ability to access highly-skilled, well-educated employees and access to cutting-edge technologies.
  2. Egypt was chosen as the country of lowest rank for this project. Egypt is a country with a large and strategic population that has easy access to North Africa and the Middle East. According to the World Bank Group’s Economy Rankings, Egypt ranks 130th in the world, with a score of 46.48 out of 100. Egypt has major existing trade agreements such as the European Union – Egypt Association Agreement and the Egypt-United States Free Trade Agreement, which will assist in the venture. Egypt has a high population and is strategically located to have access to North Africa, the Middle East, and North Africa. Access to large markets, low-cost labor and a favorable trading environment are some of the key advantages to expanding in Egypt.
  3. According to the principle of comparative advantage, economic instability and political instability are the two main threats associated with Egypt’s expansion. There are many competitive benefits to expanding in Egypt, including low labor costs, easy access to large markets, and favorable trade conditions. The primary threats to expanding in Japan include high prices and cultural differences. Access to large markets, highly skilled and educated workers and advanced technology are some of the competitive benefits to expanding to Japan.
  4. This comparative advantages study suggests that Japan is the superior choice for international growth.

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