Many exporters considering entering emerging markets face the issue that the regular price they charge for their goods (i.e. the retail price in developed markets) is far beyond the buying power of most local consumers. What strategic options do these organisations have to penetrate these markets? Give reasons why price escalation is a problem for many exporters. What might companies do to solve this problem
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What strategic options do these organisations have to penetrate these markets? Give reasons why price escalation is a problem for many exporters. What might companies do to solve this problem
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- Q.1. The utmost concern of exporters is getting paid on time and in full. Thus, risk is a huge consideration in international trade. As exporter, how to do in order to reduce the risks? What are the methods to reduce such risks? Explain your answers? Q.2. Present and explain the difference between licensing and franchising strategies at international level. What is the best entry strategy to export services?Evaluate the various aspects that SMC Ltd may consider when extending a CSR strategy from home to host countries in the below extract. SMC ltd is a subsidiary of the Swedish-based Andvik Group, which operates in 130 countries. SMC is a major supplier and marketer of underground mechanized mining products to the mining and major infrastructure sector. Locally, SMC is run strategically by a board that is mainly non-executive and includes managing director and country manager, Jim Tolley.SMC’s outstanding performance over the last six years is based on a strategy of improving customers’ operational efficiencies and profitability through the development of high-tech engineering products. SMC boasts an average global increase of 6% sales growth and an average 17% return on capital employed. SMC plans to double in size over the next five years. ‘We make it possible’, is SMC’s slogan.SMC is a service-orientated organization that prioritizes listening to clients’ needs to ensure that products…Explain the pros and cons of the government of Costa Rica, using the following trade barriers: 1. Tariffs 2. Subsidies 3. Quotas Justify your answer for each trade barrier with actual data and evidence for specific industries.
- What is the effect of AI (artificial intelligence) in international supply chain management?Q 4. Identify and discuss two modes of entry that have been used by Fitbit when entering foreign markets and explain the reasons behind their international strategy. Answer this question in 400 words Case study attached, Part 1 & Part 2, Part 3 is written down Part3 case study: security at risk. 7 Research and Development The fast-paced competitiveness of consumer technology innovation demanded a steady stream of new products. Only through sustained, high-level investment in research and development to fund product design and innovation could companies such as Fitbit, Apple, and Samsung sustain consumer interest and support. In 2017, Fitbit reported that 58% of its employees were involved in research and development, a somewhat high percentage, yet necessary, given that ordinary users only wore a Fitbit for an average of 6 months before losing interest, so that Fitbit needed to add functionality in order to survive. The company also placed itself in the middle of the digital health…explain these Weakness The company have limited international presence and lack of presence in new market. Limited resources to expand and operate in new markets or introduce new products. Also, the lack of experience in international markets. Dependence on a single source of spring water. Dependence on the local and Caribbean market, making the company vulnerable to economic downturns in the region.
- why do some nations succeed and others fail in international competition? (Short answer)Extract - NigeriaGoing against the downward trend, deal-making in Nigeria increased by 44% with 26 deals in H1 2020 compared to 18 in H1 2019. Total deal value went down 46% to US$204mn in the first half of 2020, from $375mn in H1 2019 (but this is likely because most of the deals listed for H1 2020 have no disclosed deal value.) The number of cross border deals increased by 18% in comparison to the first half of 2019, while domestic deals were also up by 86% year-on-year. Half of the total M&A deals in Nigeria were cross border transactions, totaling $40mn. Deals were evenly distributed among industries, with financials and high technology recording two inbound deals each and the industrials sector recording two outbound M&A deals.The $21mn acquisition of Interporto di Venezia SpA in March 2020 by an Orlean Invest Holding subsidiary for $21mn, was the biggest cross border deal in Nigeria in the first half of 2020.Wildu du Plessis, Head of Africa for Baker McKenzie in…Extract - NigeriaGoing against the downward trend, deal-making in Nigeria increased by 44% with 26 deals in H1 2020 compared to 18 in H1 2019. Total deal value went down 46% to US$204mn in the first half of 2020, from $375mn in H1 2019 (but this is likely because most of the deals listed for H1 2020 have no disclosed deal value.) The number of cross border deals increased by 18% in comparison to the first half of 2019, while domestic deals were also up by 86% year-on-year. Half of the total M&A deals in Nigeria were cross border transactions, totaling $40mn. Deals were evenly distributed among industries, with financials and high technology recording two inbound deals each and the industrials sector recording two outbound M&A deals.The $21mn acquisition of Interporto di Venezia SpA in March 2020 by an Orlean Invest Holding subsidiary for $21mn, was the biggest cross border deal in Nigeria in the first half of 2020.Wildu du Plessis, Head of Africa for Baker McKenzie in…
- Direct Selling in China With over 1.2 billion people China represented an extremely attractive market for direct sellers such as Amway, Avon Products, Mary Kay Cosmetics, Sara Lee, and Tupperware. Also, in the 1990s the restructuring of state-owned enterprises had reduced workforces, providing an ample supply of people interested in becoming direct sellers, many of whom made door-to-door sales calls. With the Asian and Russian financial crises beginning in 1997 the supply of potential direct sales personnel increased further. In 1995 Amway opened a factory in Guangzhou and began sales in China. By 1997 it had 70,000 independent sales agents in China producing revenue of $178 million.62 Avon’s revenue in China was $75 million. Companies such as Amway and Avon operated by enlisting independent sales agents who bought product from the company and sold it door-to-door. Amway used its standard business model in China with the exception that all other markets were supplied from U.S.…Recently USA announced an embargo on purchase of oil from Iran. Similarly, European Union increased customs duties on imports from China? So why are trade barriers imposed? How do Preferential Trade Agreements help in reducing trade barriers? Explain BrieflyQuestion 1 Briefly discuss why the understanding of international trade theory is useful to managers in international business. Question 2 Identify the theory where the countries export more than they import and, if successful, receive gold from countries that run deficits. Explain the main problem of this theory. Question 3 In a short essay, discuss the theory of absolute advantage and the reasons a country’s efficiency improves based on this theory.