China_Expansion_2.docx 6-2 Milestone Two Southern New Hampshire Risks Risks Intern

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China_Expansion_2.docx 6-2 Milestone Two Southern New Hampshire Risks Risks Internal To not take risks, may be perhaps the biggest risks of all. Expanding to China is a capital investment w... hich Nordstrom can make. Thus, investing too little or investing too much, could significantly impact the momentum of Nordstrom™s growth and financial future. The organization risks not accurately assessing the area where it will perform business. However, these are risks that are integral to any expansion”regardless of the chosen area origin. Miraculous execution is how these risks could be mitigated. Thus, it is Nordstrom™s internal audit committee that would perform such sound execution. The committee, which is composed of SEC financial committee experts, has the ability to seek out external experts to aid in reviewing and assessing probable business decisions. The committee is purposed for nothing but ensuring that decisions are financially, legally, and ethically sound as they could be. It is in part because of this committee that the expansion to Canada has found the success it has found”sales totaled $300 million in 2016 (Nordstrom, 2017). These sales in comparison are unlike most major retailers who have attempted to expand into Canada and lost. The expansion into Canada has been nothing but sound. Thus, it has been deliberate and steady. The expansion strategy is completely opposite of that of Nordstrom Rack™s competitor, Target. For the company chose to open over 130 stores al. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]

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