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Suppose you are an international business consultant for a fictitious company (create your own product or products or service) that has decided to explore expansion
Suppose you are an international business consultant for a fictitious company (create your own product or products or service) that has decided to explore expansion possibilities in at least two countries. Develop a brief overview of the fictitious company, including its products. Choose at least two different foreign countries where the company would globalize the product (s), and discuss the following goals: Develop a brief profile of the countries you have chosen. Expected effects and driving forces as a consequence of the company's globalization plan. Successful strategies to enter the global market for the different foreign countries you selected. Comparative analysis between the national environments or factors and the global environments of the company. Factors or external environments of the selected countries (political, economic, technological, legal and others) that could benefit or discourage international business. Research the key factors you would need to understand to guide an effective pricing strategy for your product or service, based on your foreign currency analysis for selected countries. Comparative analysis between international trade, foreign direct investment and joint ventures or global strategic alliances.
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Overview of the Fictitious Company and Its Products The fictitious company in question is a technology firm called InnovateX which specializes in developing software applications and providing IT solu...Get Instant Access to Expert-Tailored Solutions
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