Background: Imagine you are assigned to serve as a consultant to advise the CEO of a real multinational company (see choices below). You (and your team) will carry out necessary research, analyses, measurements given your company's unique position to enter a foreign market (see choices below), and make appropriate recommendations for international risk identification, measurement, management. The goal of this assignment is to give you an opportunity to role-play as a consultant to advise a top executive to revamp a company's risk management strategy in the post-globalization and post-COVID era. Company Choices (Choose only one): New York Times, CNN, AMC Theaters, GEICO Insurance, Marriott International, AirBNB, Lyft, or a local bar/nightclub currently operating in your area. Country Choices (Choose only one): Bangladesh, China, Nigeria, Pakistan, Turkey, South Africa, or Venezuela Background: Imagine you are assigned to serve as a consultant to advise the CEO of a real multinational company (see choices below). You (and your team) will carry out necessary research, analyses, measurements given your company's unique position to enter a foreign market (see choices below), and make appropriate recommendations for international risk identification, measurement, management The goal of this assignment is to give you an opportunity to role-play as a consultant to advise a top executive to revamp a company's risk management strategy in the post-globalization and post-COVID era. Company Choices (Choose only one): New York Times, CNN, AMC Theaters, GEICO Insurance, Marriott International, AirBNB, Lyft, or a local bar/nightclub currently operating in your area Country Choices (Choose only one): Bangladesh, China, Nigeria, Pakistan, Turkey, South Africa, or Venezuela. Deliverables/Contents: You, along with your teammate(s), will prepare and submit the following audiovisual presentation addressing the tasks assigned below. 1) Which of the given country locations should the focal company choose for its foreign market entry? 2) Given your location choice, identify and discuss your focal company's top three socio- political risks. 3) What is the extent of these risks given your focal company's operations in that country? How would you measure/quantify them (including them in your ROI calculations)? 4) Based on your research and analysis, critically evaluate, inform, and discuss the central issues facing international risk management with an outline to create a robust ERM (enterprise risk management) system for your focal company.
