... middle of paper ...
...ional division coordinates and monitors overseas activities and reports directly to the CEO on these matters” (Luthans & Doh, 2012).
Overall, Target is financially stable and it has the capacity to invest in an international expansion project. Also as we examined, Panama its currently in a position of economic growth, and embraces foreign investment. Even though the American culture is different from the Panamanian culture, we are confident that with the recommendations, Target will be able to succeed in Panama. Specially, if they hire the local legal and marketing team, which will help them infiltrate the market and use their business model as a competitive advantage.
We are aware that there are limitations to the data that we used. However, we are confident that the data is valid and useful to assess the company, the country, and our recommendations.
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