11 Aug Summarize the reasons of this globalization
you will need to answer a set of questions related to the launching the product in a foreign market (NOTE: Not the United States but abroad). You are to select a foreign country (outside of the US) where you will initially launch the assigned product. Apart from selecting the country, and understanding your product, you will need to design an overall international strategy for your company/product and explain and support your answers to every question based on your reasoning of specific elements such as, political economy, market’s needs, geography, history, culture, demographics, and the strategies that you will consider are the most appropriate for the company/product.
1: Summarize the reasons of this globalization
2: Check into the National Differences in Political, Economic, and Legal Systems in the country of globalization
3: Check into the National Difference in Economic Development in your new country
4: Check into the differences in Culture in your new home
5: How are you planning on covering Ethics, Corporate Social Responsibility, and Sustainability?
6: Discuss your International Trade Theory – again why is this important to you?
7: What is the government policy on international trade where you are going?
8: What about foreign direct investment in your new home?
9: Is your new home involved in regional economic integration?
10: What currency is your new country using and what is the Foreign Exchange Market?
11: Discuss the IMF and if you will be needing their assistance
12: Are you planning on seeking investors for your business? Are you going public and then how is this going to work out in the Global Capital Mkt?
13: What will be your strategy for your international Business?
14: This is a follow up from chapter 13
15: Are you entering developed and emerging markets? What is your competition where you are going?
16. Are you going to be involved in Importing/Exporting? Countertrade practices?
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