New Market Exploration in the Current Business Environment Question: 3) Your text goes into detail explaining the advantages and disadvantages of doing business globally. Bizarkawitz Irrigation is selling Plastic Plumbing Products (BI) and has expressed an interest in potentially expanding operations into countries such as Canada, Mexico, Peru, and Argentina. Looking ahead to the next five years, how can Bizarkawitz Irrigation/Plastic Plumbing Products (BI) gain new customers for their products? Would international operations allow Bizarkawitz Irrigation/Plastic Plumbing Products (BI) to establish low-cost production facilities in those countries to be near raw materials and less expensive labor? Does Canada, Mexico, Peru, and Argentina have competitors or not and does BI have a strategic benefit since they have proprietary information and skills in drip irrigation? Would Bizarkawitz Plastic Plumbing Products (BI) need to be concerned about corruption or unfavorable political treatment in these new markets? What can BI do first to diminish any risk of doing business internationally? Answer each of these questions in detail explaining your position for each point. Include all citations from the journals, articles and professional trade newsletters that you incorporated into your answer

. Minimum five hundred words