Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Product -Fresh Pasta New Country- United States Host Country- Italy Describe a product or service idea you have for your international firm to expand into
Product -Fresh Pasta
New Country- United States
Host Country- Italy
- Describe a product or service idea you have for your international firm to expand into a new country market and analyze any potential competition in the host country.
- Identify your new host country market entry as import/export, licensing/franchising, outsourcing, or joint venture. Then, discuss the advantages and disadvantages of your chosen operation.
- Discuss whether or not you would use foreign direct investing in the host country and why.
- Communicate the host country's governmental influence on trade including trade agreements and any possible restrictions that would affect your firm's success there.
- Provide details on working conditions and human rights in the host country.
- Describe the products currently traded between the home and host country and any trade barriers between the two countries. Which trade theory best describes your new country market venture?
- Explain how you would finance this new country market venture, including terms of repayment.
- Suggest recommendations and implications for managers of international firms seeking to trade with this host country including any specific aspects that should be considered before expanding there.
Step by Step Solution
★★★★★
3.42 Rating (152 Votes )
There are 3 Steps involved in it
Step: 1
ProductService Idea I propose importing fresh pasta from Italy to the United States targeting the growing demand for artisanal and authentic Italian products in the US market Market Analysis The US ma...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started