Reference no: EM133961512
Question
It's a complicated world. You are besieged with supply chain issues (whether you do business just in the US or Globally), trade flow issues, revenue pressure, profit pressure, shareholder demands, quality challenges and the pressure to increase sales just to name a few. Your company produces state of the art high quality parts for road construction equipment. The road construction equipment that your parts are made for is made in Europe, the US, and Japan, but that equipment is sold throughout the world. Your company is headquartered in Michigan, you are getting competition from other companies located throughout the US. You can increase sales and maintain quality by expanding your market to some foreign countries. Should you establish manufacturing plants in other countries to support your clients or should you continue to produce in Michigan and export to the ultimate user of your replacement parts? What about sales, do you need to expand your sales force? What's the best way?
1. Provide a summary review of the advantages of staying or going. Provide a summary review of the disadvantages of staying or going.
2. Explain the region or specific location area that you will be selling your product - whether you stay or go.
3. Do not forget to discuss possible price. Explain how you will distribute your products - regardless of the location of your operations.
4. Consider whether there are cultural issues of which you need to be aware.
5. Identify the type of relationship that you plan to have with the local government.
6. Add anything else that you may think of that would be important for your audience to know...provide the information.