Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Imagine what considerations you would have to take if you were to expand a local business to an international market. Select a business or make

Imagine what considerations you would have to take if you were to expand a local business to an international market. Select a business or make one up to complete this exercise.
For example, if you wished to expand Big Sky Brewing Company to a foreign country what would you do? It would probably be best to have the beer contract manufactured in a local factory rather than shipping "water" thousands of miles. This is alcohol, so what age restrictions do you face? How would you get your beer into pubs? Into retail stores?
Another example, if you were Ford Motor Company and wished to sell cars in England, New Zealand, Japan what would you have to do? First, you would have to place the driving wheel from the left side of the car to the right as they drive on the left side of the road. Should you export from the U.S. or manufacture locally? Will you use your own Ford dealerships or sell through a local auto maker's dealership?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Horngrens Cost Accounting A Managerial Emphasis

Authors: Rajan Datar, Srikant M. Datar

16th Edition

9352860195, 978-9352860197

More Books

Students also viewed these Accounting questions

Question

Who is their opposite on each scale?

Answered: 1 week ago