(B) Existing companies attempting to expand into new markets around the world - list several possible global business opportunities that would be the basis for new or expanding international business operations. These business opportunities may be consumer goods or services ; organizational goods and services , sold businesses , goverment agencies , nonprofit organizations schools , hospitals , hotels or other organizations (Examples of global business opportunities include: processing of fresh fruit in Chile for distribution around the world ; sale of water filtration Systems in developing economies sale of food products adapted I to the tastes of different cultures ; development of cellular telephone systems in countries with a weak communication infrastructure ; and expansion of fast-food restaurants into countries with expanding economies.) Step 1: Conduct Research 1. POTENTIAL MARKETS. Discuss one or more of the global business opportunities from above in terms of: (a) a specific product or service, including customer benefits; and (b) a potential market - a country that would be appropriate for this business opportunity 2. ABSOLUTE AND COMPARATIVE ADVANTAGES. Analyze for the presence of an absolute or comparative advantage that might be related to a business opportunity in the country where the item will be produced or sold . Describe how this analysis might influence the success of your proposed business idea . (For example, the availability of natural resources can make a business opportunity cost efficient _) 3. BUSINESS OPPORTUNITY ANALYSIS . Compare two or more proposed business opportunities based on factors such as foreign market potential, start-up coats , and foreign business risks . (For example, a proposal to construct new highways may be appropriate for a developing economy. However, the risks in this market are probably greater than in an industrialized nation.) Step 2: Prepare Summary Prepare a summary report consisting of the following components: 1. An overview of geographic , economic , cultural , political , and technological factors that creates the proposed global business opportunities. 2. A description of the potential market for these products or services. 3. A synopsis of any absolute or comparative advantages (as applicable). 4. Recommend one foreign business opportunity (with a specific foreign market ) for an existing company or a new enterprise . Provide evidence to support your proposal