China is fast becoming an attractive destination for international agrifood exports. Imagine that you are an Australian mango (fruit) farmer looking to export your product to China. As an international marketer, what issues would you need to consider when looking to export into mainland China? How would you reduce the risks associated with market entry.
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China is fast becoming an attractive destination for international agrifood exports. Imagine that you are an Australian mango (fruit) farmer looking to export your product to China. As an international marketer, what issues would you need to consider when looking to export into mainland China? How would you reduce the risks associated with market entry.
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- Explain how you as a prospective agricultural advisor would deal with the challenges confronting farmers in South AfricaWe are tasked to create an exporting business plan for Denmark. My question is . . .1. Is it a good idea to export Abaca Fibers to Denmark?2. Suggestions are also welcome, just ensure that the product/goods are available in the Philippines.Your company is considering exporting its products to Egypt. Yet, management’s current knowledge of this country’s trade policies and barriers is limited. Before your company’s management decides to export, a more detailed analysis of the political and economic conditions in Egypt is required. Prepare an executive summary of your analysis and findings of the factors you would look at? What is the basis of Country’s comparative advantage and absolute advantage in the production of goods and services?
- China and India have been the world's fastest-growing economies in recent years, and Brazil is becoming a major force in international commerce. Write a short essay that summarizes how these three countries are changing the landscape of international business, and describe the arena in which each excels. Then choose some type of business that you would like to be involved in, and describe how and why you, as a manager in that business, would choose to work with other organizations in one of these three countries.The sphere of international trade has widened both in volume and in value. Countries nowadays import many things which they could not produce for themselves. The principle underlying international trade is that a country should specialize in the production of those commodities for which it has the greater advantage over others. The theory of international trade is, therefore, based on the principle of comparative advantage developed by David Ricardo in 1817. With examples, discuss any FIVE (5) Malaysian products that have the most demand overseas because of its comparative advantage. Please Elaborate as much as you can Preferably over 1000 wordsAs marketers of certain product offerings, we must consider what markets / countries that make sense for us to promote our products. This depends on the income distribution structure of these countries. If your company sold a wide variety of goods/products, which industrial structure would be best? a. Subsistence economies b. Industrial economies c. Industrializing economies d. raw-material-exporting economies
- The argument for import protection in developing countries to bring about industrialization differs from the infant-industry argument in that ________. 1.it presumes there will be economic gains even if output does not become internationally competitive 2.the emphasis is on using locally available raw materials 3.the emphasis is on labor-intensive production 4.the success of such a policy is judged on the ability to become more independent of other countriesProducts must be adapted to accommodate national differences arising from customer preferences and each market’s economic conditions, climate, culture, and language. Think about the following products: packaged flour, swimsuits, textbooks, and automobiles. Describe how a firm would need to adapt the marketing for each of these products to suit conditions in China, Germany, and Saudi Arabia. In particular, think about the nature of the product, its pricing and distribution, and the marketing communications associated with it. China is an emerging market with low per-capita income, Saudi Arabia is an emerging market with a conservative culture rooted in Islam, and Germany is an advanced economy with a liberal culture.Critkal Thinking Some countries have been critical ofthe export of American culture via movies, television,music and many American consumer goods by U.S.businesses. What about American culture might be objectionable? Can you think of some products that U.S.marketers export that can be objectionable to someforeign markets? What is the solution to the problem?
- A firm based in California wants to export a shipload of finished lumber to the Philippines. The would-be importer cannot get sufficient credit from domestic sources to pay for the shipment but insists that the finished lumber can be quickly resold in the Philippines for a profit. Outline the steps the exporter should take to effect this export to the Philippines.Distributors of Jamaican products in the US, Canada and the UK say demand for Jamaican-made items is high, but exporters must meet the standards required for entry into the different markets. Overseas distributors are, therefore, urging local manufacturers to provide products with long shelf life and world-class packaging to maintain and increase market share. According to the Business Development Director of Dees Imports Ltd., Heather Chevannes, beverages, syrups, seasonings, ackee, and callaloo are among the Jamaican products that do well in the UK. She noted, however, that a product’s shelf life is always a concern when exporting food to the UK. “ All the products that we take from Jamaica must travel well,” she said. Chevannes was a panelist on the virtual Jampro Exporters Forum, “ Do Business Jamaica Webinar: Delivering World – class Export Products”, held on April 13, 2022. Dees Imports Ltd. Is said to be the largest exporter of Caribbean foods in the UK. Question Maslow's needs…Economic Nationalism; Strategy; Global; Value Chain The trend of economic nationalism(e.g., Brexit) that is affecting many countries around the world promotes keeping manufacturing jobsin the local country. As management accountants, we are concerned about how this trend will affectcompanies, particularly global companies, as they strive to adapt their strategy and value chain to thenew economic nationalism. Two industries that are relevant in this matter are the textile industry andthe pharmaceutical industry.The Textile Industry. Some companies in the textile industry (where production of raw materials has been moving abroad for decades) have noticed that along with the reduction of raw materialproduction in the U.S., there has been a loss in the number of engineers and managers who are able todirect textile production. In India, China, and Pakistan, on the other hand, a large number of studentsare graduating with the skills necessary to deal with the production of fabric.The…