Global Market Expansion Presentation – PEST analysis Partners or Individual Presentation should be at least 10 minutes long Conversation Due Date: Wednesday October 21st Presentation Due Date: Friday October 23rd You can choose any country and product that you would like. BUT I don’t want any repeats so first come first serve. As a successful company you are planning to sell your product into a new country. The only problem is, you aren’t familiar with that countries policies, culture, and social issues. You will be completed a P.E.S.T. analysis on your country to ensure that your product and country are a good fit. The Task - complete a P.E.S.T. analysis. o Research the Politics, Economics, Social/Cultural, and Technological factors that might influence (positively or negatively) your business and product. - Summarize your research under the headings Advantages and Disadvantages for each P.E.S.T. - Explain how the information that you found will influence the selling of your product - Explain how you would overcome the disadvantages in your country - Explain how you would use the advantages to better your company. - You need to find 2 current news articles (the last month) about events happening in your country to support your P.E.S.T. analysis. - Explain the global strategies (e.g. localization) that you might use to sell your product more effectively. - Present your findings. - Lastly, create an annotated bibliography for your research. You must use at least 3 credible sources. ***** Don’t forget to use IN-TEXT citations and a WORKS CITED page.***** What is an annotated bibliography you ask? Requirements of an Annotated Bibliography: For each source you use you must complete the following - 2 sentences on what you learned using this website - 2 sentences on why you thought it was a good website E.g. McIvor, S. D. (1995). Aboriginal women's rights as "existing rights." Canadian Woman Studies/Les Cahiers de la Femme 2/3, 34-38. From this article I learned about the role of aboriginal women in the 1980’s. I also learned about the changes made to the Indian Act in 1983. This article is a good source because it was written by a professor from a university. It has also been published in online journals. Suggested websites to help get you started: - Your countries government website - Travel and tourism websites on your country - Local newspapers in your country - EBSCO Suggested search terms - regulations for businesses in _________ - companies expanding into ___________ - Selling _________ in ___________ — Checklist - P.E.S.T. analysis - Advantages and disadvantages for each P.E.S.T. - 2 news articles - Global strategies - 5 step plan - annotated bibliography ****Note: If you do not use both IN-TEXT citations and have a WORKS CITED page you will receive a ZERO**** Level 1 or 2 – does not meet expectations or is missing information Knowledge Level 3 – meets expectations Summary of P.E.S.T is NOT copy and pasted and is mostly in students’ own words with a few quotes from articles. Thinking Student has at least 2 news articles to support their P.E.S.T analysis. P.E.S.T analysis is complete and thorough with at least 3 supported ideas in each section. Communication Annotated bibliography is complete with academic resources used. Explanation of how your company will overcome the disadvantages of your P.E.S.T. is clear. Explanation of how your company will take advantage of your P.E.S.T analysis is clear. Application Student is clearly able to explain their overall ideas and research on Wednesday. Explanation of how P.E.S.T analysis will influence the selling of your product. At least 3 global strategies are clearly applied to the selling of your product. Level 4 – exceeds expectations