Question
Scenario: Our Goochy-Poochy T-shirt is a hit! Our Tees are selling like hotcakes! Based on our results thus far, our company's new CEO wants us
Scenario:
Our Goochy-Poochy T-shirt is a hit! Our Tees are selling like hotcakes! Based on our results thus far, our company's new CEO wants us to set up an overseas factory to enable us to keep up with demand and hold costs down. "It's the smartest move we could make," she claims. "For example, the average monthly net salary here in the U.S. is $4220. In China, it's $1069, Mexico $691, India $555 and even lower in Bangladesh and Pakistan! It's a no-brainer. Our profits will soar!"
Questions to answer:
What do you think? Do we invest abroad and outsource? And if we go ahead with FDI, where? What countries seem most advantageous? What are the criteria and what is your reasoning?
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