1. Demonstrate a thorough understanding of the case by describing in great detail all aspects of the case
2. Prepare a detail recommendation for senior management recommending to stay in the country or to leave the country
3. Write a brief summary of major insights that you have gained and lessonslearned from the case In your presentation you must be sure to provide answers for all these questions or issues:
1. What were RBC’s ultimate goals in opening a representative office in Thailand?
2. How large is the initial staff for the office and what is the estimated pretax profit?
3. What are RBC’s four major business lines in its Asia Pacific network?
4. What are the limitations of BIBF licenses?
5. What are the advantages of the possible upgrading of RBC’s operations in
Thailand to a branch status?
6. What are Thailand’s most important exports?
7. What is the “current” (1997) situation in Thailand?
8. What are the highlights of the IMF’s bailout of Thailand?
9. As RBC’s representative in Thailand you need to prepare a detailed recommendation for senior management to either:
a. Stay in the country and “weather the storm”, which perhaps means to take losses for an extended period of time
b. Cut your losses now and have the bank focus on its efforts elsewhere, which means forgetting about getting back in the country in the foreseeable future