How countries with Intellectual Property Rights regulations trade with countries that do not have such regulations and what can the former countries do to prevent "copycats" of their competitive products and still be profitable in those countries without regulations?
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How countries with Intellectual Property Rights regulations trade with countries that do not have such regulations and what can the former countries do to prevent "copycats" of their competitive products and still be profitable in those countries without regulations?
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- Introduction to Trade Policies: Provide an introduction to the significance of trade policies and agreements in the context of international business. Your international business is an oil rig located in Saudi Arabia. Answer the following question with this in mind 1a. Identify and discuss three trade policies that may directly impact your international business venture. Consider tariffs, quotas, and regional trade agreements as examples. 1b Apply at least two major trade theories to your international business venture. Discuss how these theories explain or influence your choice of products, target markets, or trade strategies.This case explores the globalization of BMW, Rolls-Royce, and the MINI. Bayerische Motoren Werke, otherwise known as BMW, dates back to 1916. Today, BMW has more than 125,000 employees and revenues of about $103 billion. With its reputation for streamlined luxury design and performance, BMW sells about 2.4 million vehicles every year. In addition to automobiles, BMW also produces motorcycles and aircraft engines. BMW’s portfolio includes the BMW brand along with Rolls-Royce and MINI. Innovation has long been at the forefront of BMW’s strategy to be a leader in the luxury car industry. The company focuses on bringing new features to all of its models and builds on innovations used in its racing program to develop vehicles offering the perfect combination of sporty performance and breath-taking design that live up to the reputation of BMW being synonymous with “driving pleasure.” BMW’s Rolls-Royce brand, considered to be the most exclusive luxury brand in the world, has a long history of…This case explores the globalization of BMW, Rolls-Royce, and the MINI. Bayerische Motoren Werke, otherwise known as BMW, dates back to 1916. Today, BMW has more than 125,000 employees and revenues of about $103 billion. With its reputation for streamlined luxury design and performance, BMW sells about 2.4 million vehicles every year. In addition to automobiles, BMW also produces motorcycles and aircraft engines. BMW’s portfolio includes the BMW brand along with Rolls-Royce and MINI. Innovation has long been at the forefront of BMW’s strategy to be a leader in the luxury car industry. The company focuses on bringing new features to all of its models and builds on innovations used in its racing program to develop vehicles offering the perfect combination of sporty performance and breath-taking design that live up to the reputation of BMW being synonymous with “driving pleasure.” BMW’s Rolls-Royce brand, considered to be the most exclusive luxury brand in the world, has a long history of…
- 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.Introduction to Market Entry Strategies: Provide an introduction to the importance of selecting the right entry mode in your international business. Your international business is an oil company located in Saudi Arabia. Use this info to answer all 3 parts of the question. 1a. Discuss the potential of export options for your international business. Analyze the advantages and disadvantages of direct and indirect exporting. 1b. Explore countertrade options as an alternative entry method. Examine the implications of engaging in countertrade for your business. 1c. Examine at least three different types of contractual entry modes, such as licensing, franchising, and strategic alliances. Discuss the characteristics, benefits, and risks associated with eachMNEs undertaking international business activities are often facing various forms of political risk. In response, MNEs may adopt different approaches to deal with this risk. Name and explain these possible reactions of MNEs when the risk is perceived to be exogenous versus when the risk is perceived as endogenous.
- Which of the following allows a foreign company to sell a company’s products or use its intellectual property in exchange for royalty fees?Choose one answer.a. Joint venture b. Licensing agreement c. Strategic alliance d. OffshoringExplain the concept of a trade embargo and its effect on the country where the embargo has been placed. Use examples to justify your point.Outline and explain five (5) reasons for International Trade.Following your analysis of your company situation, you had the idea and the ambition to export your services to foreign markets. However, you are not sure how to proceed in order to make your export project a reality. You want the advice of experts in the field. Where could you find these advisers or, in other words, which institutions offer export support in Canada? course: Export of services write 6 lines only
- There are multiple ways a company can enter a foreign market. Explore two possibilities such as exporting, foreign direct investment, and collaborations (joint ventures, alliances, licensing, franchising), and evaluate the pros and cons of each method. Which types of products and services would be appropriate for each market entry method?Provide at least two (2) examples/case studies of international modes of entry utilizedby multinational corporations in Thailand, Malaysia and South Korea that havesucceeded or failed. The name of the multinational must be clearly stated in eachexample. Be sure to state the mode of entry utilized in each example in each country.Why do you think they would have succeeded or failed in each example included?International market entry and development involves the key decisions of identifying a market, the key decisions of entering the market, how to enter the market and building a permanent position in the chosen market. Consider the market entry process and evaluate the various options available to organisations who wish to establish their international operations.
