Mention the specific advantages that a First Mover enjoys in any specific industry. Do you think a First Mover has likelihood of attack or likelihood of response at a specific product market? Why?
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Mention the specific advantages that a First Mover enjoys in any specific industry. Do you think a First Mover has likelihood of attack or likelihood of response at a specific product market? Why?
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- You work for a Cranberry company in Nova Scotia looking to enter the Australian cranberry market, based on this scenario, What will be the best your market entry strategy? Defend this choice.You are a senior manager at a U.S. automobile company with the job of deciding whether to invest in production facilities in China, Russia, or Germany. These facilities will serve local market demand. Evaluate the benefits, costs, and risks associated with doing business in each nation. Given your answer here, which country seems to be the most attractive target for foreign direct investment? Why?What advantages does Theo Chocolate have by sourcing cocoa from the Congo, even though the chocolate ends up costing consumers more?
- Consider an internet or e-commerce company that sells exclusively in your country (domestic market, i.e. Turkey, Spain etc.) but wants to expand globally. What kind of strategy would you recommend for their initial expansion? What are some of the factors they should consider in pursuing this expansionAubree Multinational Corporation plans to penetrate either the Canadian market or two other Caribbean Countries (Haiti and Guyana). What factors deserve to be considered in deciding which market is more feasible?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?
- Suppose you are a manager (or owner) of a small firm which cultivates agricultural product (crops), and sell (export) in the international market (foreign country). You need to follow or consider four risk factors (currency, country, cross-culture, and commercial) in this business. 1. How do you consider these four factors? and 2. what factor is most considerable for your agricultural business in the international arena?Regardless of strategy, most international businesses want to increase their market share, revenues, and profits. They often accomplish these goals by entering new markets or launching new goods into markets where they already have a presence. The ability of a firm to accomplish this successfully is dependent on its developing a thorough understanding of a certain geographical or product market. Firms must typically take three stages to effectively expand their market share, revenue, and profits: (1) evaluate alternative markets, (2) evaluate the costs, benefits, and risks of entering each, and (3) select those with the greatest potential for entry or expansion. Discuss FOUR (4) modes of entry that digital firms may employ to enter the ecommerce China market. Support a case with an example of a successful company doing it.With all the problems facing companies that go global, why are so many companies choosing to expand internationally? What are the advantages of expanding beyond the domestic market? Also, in terms of consumer behavior, are the cultures of the world becoming more similar or more different?
- What factors should be considered as feasible by a company planning to expand either Canada, Jamaica or Haiti?Should U.S. foreign policy include provisions for reducing poverty in other nations of the world? Should U.S. domestic policy include provisions for reducing poverty in the United States? How are these issues similar? How are they different?What can you see as a potential market existing right now during this pandemic. Explain why? Do you think that the market is big enough and profitable? Why?