Individual Project Instructionsmgmt 338you Have Been Hired By Chipotle ✓ Solved

Individual Project Instructions MGMT 338 You have been hired by Chipotle Mexican Grill, Inc. (NYSE: CMG) as they are considering expanding internationally by opening locations in a new country. Chipotle has already opened some locations in Canada, Germany, France and the U.K., but they believe opportunities exist in other countries as well. As such, Chipotle has asked you to compare two countries on a number of factors and then make a recommendation as to which country they should expand into. Per Yahoo Finance: Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants. As of September 30, 2020, it operated approximately 2,700 restaurants in the United States, Canada, the United Kingdom, France, and Germany.

The company was founded in 1993 and is headquartered in Newport Beach, California. Your paper and presentation should clearly address the following steps, in order. Section 1: Formal Institutions: Identify the political system, legal systems, and economic systems in both countries. Then discuss which country would be more attractive to enter looking at each of these three systems and why. Section 2: Informal Institutions: Identify the dimensions of culture that you believe may exist in each country (Hofstede’s Value Dimensions) and be sure to explain your selections based on specific data/information you find.

Because you are considering whether to set up operations in one of these countries, you may hire local employees, you may try to sell to customers in each country, etc. Then, make a recommendation on which country would be more attractive to do business in based on these value dimensions and explain why. Section 3: International Trade & Trade Barriers: Identify the GDP for both countries. Identify at least one tariff and at least one non-tariff barriers that each of these countries have in place, and be sure to explain why these trade barriers may apply to what you will be exporting. Then, make a recommendation on which country would be more attractive to sell into (export) and why based on these countries’ GDPs and trade barriers.

Section 4: Foreign Direct Investment (FDI): Identify two potential ownership advantages and two potential location advantages for each country. Be sure to explain why each advantage (details) specifically applies to each country. Then, make a recommendation on which country would be more attractive to invest in (FDI) and why based on these specific advantages. Section 5: Foreign Exchange: Identify the current exchange rate between each country’s currency and U.S. Dollars.

Speak to whether these exchange rates have remained constant over time or if they appear to fluctuate significantly. Then, make a recommendation on which country would be more attractive to invest in based on this information. Section 6: Regional Integration: Identify any major trade agreements both countries are members of. For instance, the United States is a member of NAFTA. Section 7: Entering Foreign Markets: Equity versus non-equity methods of entry – based on what you have learned in steps 1-6, make a recommendation on which country to enter as well as what specific method of entry to use and why.

Section 8: Post-Entry Recommendations: Based on what you have learned in sections 1-7, in order to successfully do business in this new country moving forward, make at least two specific recommendations to improve the marketing and human resources functions of your operations in this country. Countries to Analyze: 1. South Korea or Russia 2. Spain or Australia 3. Brazil or Italy 4.

Japan or India 5. Turkey or Switzerland 6. Thailand or Belgium 7. Nigeria or Argentina 8. Ireland or Philippines 9.

South Africa or Denmark 10. Finland or Vietnam 11. Peru or Greece 12. Austria or United Arab Emirates Your project must be submitted as a Word document (.docx, .doc). Your project will be individually graded by your instructor and therefore may take up to five to seven days to grade.

Be sure that each of your files contains the following information: Your name Your student ID number The exam number Your email address Objective To successfully complete this course, you must write a research essay based on information found in your textbook, Psychology and Your Life, by Robert S. Feldman, and three outside sources. You'll choose one of the three topics below and write an essay of six complete paragraphs for or against the question being asked. After presenting both sides of the debate, you'll make three claims to support your thesis and convince the reader why your opinion is correct. Topics Media Violence: Does media violence cause violent behavior?

Eyewitness Testimony: Is eyewitness testimony reliable in the court of law? The Opioid Epidemic: Are doctors who overprescribe narcotic pain medication causing the opioid epidemic? Note: You're to select only one topic for your paper. Process Your essay must include the following: A title page Introduction paragraph and thesis statement Topic background paragraph that presents both sides of the debate Body consisting of three claim paragraphs and supporting evidence Conclusion paragraph APA style reference page The Title Page The first page of your essay will be the title page. Provide the following information: The title of your research essay Your name and student ID "C04V: Introduction to Psychology" Exam number "College" Current date Formatting Format your essay following American Psychological Association (APA) style using 12 pt.

Times New Roman font. Set your paragraph line spacing to 2.0, double-spacing. Use 1 inch margins. Include a header with a shortened title in ALL CAPS on the left and the page number on the right. In-text citations and the reference page must be in APA style.

On this page list websites, journals, and all other references used in preparing the submission. Also include a cover page and in-text citations. For assistance with this project and APA in-text citations and references, please see the Biology page in the Virtual Library. Remember that grammar counts! Be sure to reread, revise and proofread your essay for polished English grammar, spelling, capitalization, spacing, and mechanics.

Rubric C04V: Introduction to Psychology Research Essay Evaluation Name: Student ID: A B C F CONTENT • The student clearly stated his/her opinion on a chosen topic. • The student used at least three different sources and listed these sources on an APA-style reference page. • The student presented both sides of the debate. • The student wrote three claims to support the thesis. • The student cited evidence to support each claim. 70–64 63–58 57–50 49–0 GRAMMAR, SENTENCES, and MECHANICS • The student used correct grammar, spelling, mechanics, punctuation, and sentence structure. • The student formed six complete paragraphs. 15–13 12–11 10–9 8–0 FORMAT and LENGTH • The student's title page contains all the required information (title; name and student number; course title and number; exam number, and current date) and includes a header with page numbers. • The student used Times New Roman 12-point font, double-spaced and 1-inch margins. • The student included APA style in-text citations and a reference page.

15–13 12–11 10–9 8–0 Hide Rubrics Rubric Name: C04V: Essay Rubric This table lists criteria and criteria group name in the first column. The first row lists level names and includes scores if the rubric uses a numeric scoring method. Criteria A B C F Criterion Score CONTENT 70 points • The student clearly stated his/her opinion on a chosen topic. • The student used at least three different sources and listed these sources on an APA-style reference page. • The student presented both sides of the debate. • The student wrote three claims to support the thesis. • The student cited evidence to support each claim. 63 points • The student clearly stated his/her opinion on a chosen topic. • The student used at least three different sources and listed these sources on an APA-style reference page. • The student presented both sides of the debate. • The student wrote three claims to support the thesis. • The student cited evidence to support each claim.

57 points • The student clearly stated his/her opinion on a chosen topic. • The student used at least three different sources and listed these sources on an APA-style reference page. • The student presented both sides of the debate. • The student wrote three claims to support the thesis. • The student cited evidence to support each claim. 49 points • The student clearly stated his/her opinion on a chosen topic. • The student used at least three different sources and listed these sources on an APA-style reference page. • The student presented both sides of the debate. • The student wrote three claims to support the thesis. • The student cited evidence to support each claim. / 70 GRAMMAR, SENTENCES, and MECHANICS 15 points • The student used correct grammar, spelling, mechanics, punctuation, and sentence structure. • The student formed six complete paragraphs.

12 points • The student used correct grammar, spelling, mechanics, punctuation, and sentence structure. • The student formed six complete paragraphs. 10 points • The student used correct grammar, spelling, mechanics, punctuation, and sentence structure. • The student formed six complete paragraphs. 8 points • The student used correct grammar, spelling, mechanics, punctuation, and sentence structure. • The student formed six complete paragraphs. / 15 FORMAT and LENGTH 15 points • The student’s title page contains all the required information (title; name and student number; course title and number; exam number, and current date) and includes a header with page numbers. • The student used Times New Roman 12-point font, double-spaced and 1-inch margins. • The student included APA style in-text citations and a reference page.

12 points • The student’s title page contains all the required information (title; name and student number; course title and number; exam number, and current date) and includes a header with page numbers. • The student used Times New Roman 12-point font, double-spaced and 1-inch margins. • The student included APA style in-text citations and a reference page. 10 points • The student’s title page contains all the required information (title; name and student number; course title and number; exam number, and current date) and includes a header with page numbers. • The student used Times New Roman 12-point font, double-spaced and 1-inch margins. • The student included APA style in-text citations and a reference page. 8 points • The student’s title page contains all the required information (title; name and student number; course title and number; exam number, and current date) and includes a header with page numbers. • The student used Times New Roman 12-point font, double-spaced and 1-inch margins. • The student included APA style in-text citations and a reference page. / 15 Rubric Total Score Total / 100

Paper for above instructions

Introduction

Chipotle Mexican Grill, Inc. is known for its innovative approach to fast-casual dining. Expanding internationally is a critical step for Chipotle to diversify its market and capitalize on global food trends. This report evaluates two potential countries for Chipotle's expansion: India and Japan. This analysis will focus on formal institutions, informal institutions (cultural dimensions), trade barriers, foreign direct investment (FDI) advantages, foreign exchange conditions, regional integration, and strategic recommendations for market entry.

Section 1: Formal Institutions

Political, Legal, and Economic Systems

India operates as the world's largest democracy, with a multiparty system and a federal structure of government. Its legal system is based on English common law and is generally favorable to foreign investment. On the other hand, Japan, a constitutional monarchy, features a stable political environment with a legal system underpinned by civil law traditions. Economically, India is characterized as a mixed economy with rapid growth rates, while Japan has a mature economy marked by high-quality infrastructure and consumer spending power (World Bank, 2021).

Attractiveness for Expansion

From a political stability standpoint, Japan offers a more secure environment for foreign investors due to its predictable and less bureaucratic political system. However, India's booming economic growth and young demographic (over 65% under 35 years) provide a growing market potential. When considering legal frameworks, both countries are reasonably favorable, but Japan’s consistency in enforcement presents a safer choice. For Chipotle, Japan may present a more predictable market environment, while India offers larger growth potential.

Section 2: Informal Institutions

Hofstede’s Value Dimensions

Using Hofstede’s cultural dimensions as a framework, we can analyze India and Japan's cultural norms.
1. Power Distance: India scores high (77), indicating acceptance of hierarchical structures. Conversely, Japan has a lower score (54), suggesting more egalitarian partnerships.
2. Collectivism vs. Individualism: India leans towards collectivism, while Japan, although traditionally collectivist, shows increasing individualistic traits.
3. Uncertainty Avoidance: Japan scores high (92), indicating a preference for rules and structure. India’s score (40) shows a comfort with ambiguity.
4. Long-term Orientation: Japan scores very high (88) emphasizing relationships and durability. India (51) reflects a more balanced approach to tradition and future planning (Hofstede Insights, 2023).

Recommendation

While both countries offer distinct cultural traits, they pose unique challenges and opportunities in entering their markets. India's collectivist culture may foster brand loyalty, while Japan’s high uncertainty avoidance means that a strong operational structure will be crucial to gain consumer trust. Given these dynamics, Chipotle might find nurturing local partnerships beneficial in Japan to navigate its structured consumer preferences.

Section 3: International Trade & Trade Barriers

GDP and Trade Barriers

As of 2023, India's GDP stands at approximately