Reference no: EM131054084
Challenges to Expansion to a Foreign Location
Evaluate the challenges of expanding your company's production to a foreign market. This will require you to revise previously recommended pricing and non-pricing strategies for your company's product based on the selected country's economy's stage in the business cycle and the projected economic conditions. Discuss the evidence that supports your recommendations.
Select a foreign market in which to expand your chosen product.
Write a 1,750-word paper detailing your findings. The use of tables and/or charts to display economic data over the time period discussed is highly encouraged.
• Describe current global economic conditions and their effect on local macroeconomic indicators in your selected country. Consider forecasts for population growth, GDP growth, GDP per capita growth, export growth, and sales growth.
• Evaluate the competitors' existing production in the chosen country.
• Evaluate forecast sales in the selected country.
• Determine the type of economy that exists in your selected country - closed, mixed, or market. What is the difference between these types of economies and how might this affect your expansion?
• Describe how your chosen country's current credit market conditions affect demand for your product or service and your planning or operating decision for your production in that country.
• Analyze the role of the selected country's central bank on that country's economy.
• Evaluate the availability, education, and job skills of the work force in the selected country. Discuss the additional challenges of international production, such as political stability, availability of government financing or other incentives, threat of capital controls, and exchange rate risks.
• Discuss any additional supply chain challenges you anticipate if attempting to sell your product made in your chosen country to countries outside of that market.
• Discuss any comparative advantages your company will have over competitors in that country.
• Recommend either for or against expanding your company's production into your chosen country based on your research.
|
Generate the sql schema for an oracle database
: Using the SQL schema generation feature of the modeling tool, generate the SQL schema for an Oracle database.
|
|
Coming up for a contract renewal
: The City of St. Albans has a unionized police force that is coming up for a contract renewal. The police have one issue: the cost of living increases. During the past 10 years, police officers have received minimal cost of living increases, and th..
|
|
Functions racial beliefs serve for the dominant group
: 1.Explain what functions racial beliefs serve for the dominant group according to the functionalist perspective. Conversely, explain what dysfunctions to society are caused by prejudice and discrimination.
|
|
Preparation for collective bargaining
: Preparation for collective bargaining involves four steps. Pick a step to discuss and describe what happens in this step. Which of the steps do you think is the most important and why? What would happen if you eliminated one of the steps? Why?
|
|
Evaluate competitors existing production in chosen country
: Evaluate the competitors' existing production in the chosen country. Evaluate forecast sales in the selected country. Determine the type of economy that exists in your selected country.
|
|
Process and outputs to end the process
: Create a process map/flow chart for one (1) of the following three activities: You can use either Microsoft Word or Visio to create this flow chart.
|
|
Advantages and disadvantages of social media
: Compile a list of the advantages and disadvantages of social media as a modality for written communication, as well as recommended uses and precautions for its use where businesses are concerned.
|
|
Qualitative study focusing on the problem statement
: Prepare a critical analysis of a qualitative study focusing on the problem statement, study purpose, research question, literature review, and theoretical framework.
|
|
Benefits of promotions or enhancements
: List at least four products/ services that could be offered by a computer retailer and suggest methods of promoting or enhancing sales. What are the benefits of these promotions or enhancements to the customer and to the organisation?
|