We 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.
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We 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.
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Solved in 2 steps
- 1. Is it a good idea to export Abaca Fibers to Denmark? (We are tasked to create an exporting business plan for Denmark.) 2. Suggestions are also welcome, just ensure that the product/goods are available in the Philippines.Cross-cultural analysis is very difficult for many reasons. Make a chart of 5 differences incultures between the two countries, Italy and Bangladesh respectively. Provide with 5 examplesof the basic issues that the company must consider when planning this cross-cultural businessinitiative.1. What are the stages of International Development? 2. How can an expat program be improved to the benefit of the organization? 3. Why is strategic flexibility important for strategy formulation when an organization is at the growth stage?
- Global Wannabe (GW), a manufacturer of musical instruments, is eager to internationalize. New to international business, within the coming four years, senior management wants GW to generate at least one-third of its sales from abroad by establishing foreign marketing subsidiaries and production bases in low-cost countries to cut manufacturing costs. GW’s president, Larry Gerber, has appointed you to the task force charged with recruiting managers who can run GW’s operations abroad. 3.1 What guideline would you offer to GW to recruit and select expatriates while avoiding the problem of expatriate assignment failure and evaluating the performance of employees posted abroad?From the following, please identify the 2 statements that are true as well as the 2 statements that are false. A) Critics of globalization claim that increasing cross-national integration fortifies countries' sovereignty. B) International operations may increase operating risk by smoothing sales and profits. C) Foreign sources may give companies additional operating knowledge D) Although foreign external environmental differences are problematic, they must be weighed against domestic opportunities and risks.From the following, please identify the 2 statements that are true as well as the 2 statements that are false. A) Critics of globalization claim that increasing cross-national integration fortifies countries' sovereignty B) International operations may increase operating risk by smoothing sales and C) Foreign sources may give companies additional operating knowledge D)Although foreign external environmental differences are problematic, they must be weighed against domestic opportunities and risks.
- This question has two parts; be sure to answer both. First, describe the five benefits for companies of expanding internationally. Second, imagine that you are the CEO of REDO, a highly successful company that remodels and redecorates houses in the United States. The company also manufactures its own line of furniture, draperies, and home furnishings. For each of the five benefits, give a specific example of how REDO might take advantage of these benefits.Lavazza: The Challenges of Foreign Market Entry 1. Explain the disconnect between Lavazza's history and its strategy for expanding into foreign markets versus how they entered the U.S. market? 2. Understanding this disconnect, what would you suggest to Lavazza on how to move forward to be successful in the U.S.?Critical thinking International expansion is one pathway for growth for established firms, particularly when their domestic markets reach maturity or have become quite competitive. However, as highlighted inthe chapter, when brands expand internationally, they will compete against established brands in the host country that have a “home-court advantage.” outline the array of advantages that an established brand in its own domestic market would have over potential new entrants from international markets. Given these advantages, how can a new entrant to an international market succeed against the local,established players?
- You are an International Business Consultancy and Nokero is a marketer pf solar light bulbs, and exports them all over the world. he is thinking about expanding to the caribbean and has asked you to investigate the possibility of expanding toBarbados. Recommend to Nokero which international business strategy (s) to use. choose from multidomestic, global, and transnationalwhy is the chosen strategy better than the others. Justify your choices.A chain of well-known surf wear stores is considering expanding to international markets, but they are unsure whether this is a good idea for their business – can you help them decide? Excerpts from the Manager’s MeetingBritney:Thanks everyone for coming to the meeting. As you know, the company has been considering international expansion and I would just like to gather your thoughts.Eddie:I think it’s a bit early for us. There are plenty of growth opportunities throughout the country for new store locations. There are plenty of large coastal towns and not to mention potential opportunities in major interstate cities.Anna:Yes, we’ve got plenty of choices, but what’s the best opportunity for the future? The Asian markets are starting to grow strongly and many companies are looking to enter them, I don’t think we can afford to be a late entrant.Craig:Gee, when you said international expansion, I was thinking of markets with established beach cultures, like California and Florida. If we…All of the following are reasons why international opportunities should be considered by managers, EXCEPTA.the world is getting smaller.B. serving international markets may improve economies of scale. C. favorable trends at home and unfavorable trends in other countries make international marketing particularly attractive. D. around the world, potential customers have needs and money to spend.E. it helps to develop a competitive advantage at home and abroad.