Question
THIS QUESTION HAS SEVERAL PARTS.READ CAREFULLY AND ANSWER ALL PARTS FOR FULL CREDIT. You are an executive in a US domestic business that makes one
THIS QUESTION HAS SEVERAL PARTS.READ CAREFULLY AND ANSWER ALL PARTS FOR FULL CREDIT.
You are an executive in a US domestic business that makes one of the following products or services and you are considering expanding internationally:
- Computer chips:A highly complex process requiring a sophisticated technology and skills based on highly guarded designs.
- Software development and consulting services:Highly skilled workers involved in large complex projects.
- Machine parts:Standardized products for sale to other manufacturing businesses (e.g., ball bearings).
- Soft Drinks:Simple processes using closely held formulas to sell either ingredients (e.g., syrup) or fully bottled products.
SelectONEof the above businesses.ChooseONEof the options below (state which company andoption you choose):
Option 1: Describe the steps (at least five) that one would take to sell the product or service internationally.Discuss the types of information needed to support the decision-making process.Discuss the advantages and disadvantages of the decision made.Consider how these decisions may change over time.
Option 2:Describe the steps (at least five) that one would take to evaluate whether to distribute the production process to one or more foreign countries or maintain production in a central location."Production" of services means conducting a project in a foreign country with either US or foreign employees.Discuss the advantages and disadvantages of the decisions made.
Understanding the business is not critical so state any key assumptions about the business that are required for your decision making.For either option usespecific examplesto show how one or more of the countries we studied in the Country Reports would be a good or bad choice for your international expansion.
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