Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This assignment is based on the premise of learning cultural differences in business settings and how to deal with international business situations correctly while respecting

This assignment is based on the premise of learning cultural differences in business settings and how to deal with international business situations correctly while respecting national culture of others.

Imagine that your company is a marketing and management consulting firm based in California that works throughout the United States as well as internationally.You are approached by the manager of a new manufacturer based in Nevada, California. Their main product is an organic energy bar. The manager of the manufacturing firm wants to introduce their product to the European and the South East Asian market. They are planning to open a new manufacturing plant overseas to make operations smoother in future.

Based on the readings from this unit and your analysis, design a report based on market analysis and recommendations for the manufacturing company.

  1. Choose one European and one South East Asian country of your choice to which you'll introduce their product and describe the rational for your choices.

2. a.Using Hofstede's Cultural Dimensions, explain briefly the issues/ barriers that the new manufacturer is likely to confront while entering the new markets you selected.

2.b. The issues/ barriers can range between legal, political cultural and/or social in terms of national culture for both the chosen countries.

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_2

Step: 3

blur-text-image_3

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

Global Development And The Environment Perspectives On Sustainability

Authors: Joel Darmstadter

1st Edition

1317335686, 9781317335689

More Books

Students also viewed these Economics questions

Question

Describe the criteria for an effective budget.

Answered: 1 week ago