1. An organization conducting business abroad is subject to many different rules and regulations. Discuss the types of matters it could be subject to. Consider whether only the foreign laws will apply, or whether the organization's domestic laws would also apply. Consider also what risks the organization may be subject to when conducting business abroad.

2. Read the following hypothetical scenario and answer the following question.

Munthali Limited is a cotton distributor in Zambia that partners with smallholder cotton farmsone of the integral components of the Zambian economy. The distributing company has experienced rapid growth recently and is well poised to enter the foreign market with textile producing countries such as Bangladesh, China, India, Thailand and Vietnam. After research and planning, Munthali Limited has developed a relationship with a large clothing production company in Guangdong Province, China, and is ready to move forward with a contract to export.

a. Using the information and resources provided in this Unit, detail the process and relevant factors that must be considered when creating a sound contract for this venture. Be sure to reflect on issues that may arise on both sides of the contract, as well as clauses and methods for risk mitigation and dispute resolution.

Durham College

Course: International Market Entry Strategies

Course Code: DIST 1200