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- Discuss the three ways to enter foreign markets. Which is the best? (AACSB: Written and Oral Communication; Reflective Thinking)1) Most canadian companies pay listing fees to get shelf space in retail outlets. which of the following factors has contributed the most to the advent of listing fees ? a) It is in both their and their customers best interestb) It is required by governementc) It allows companies to operate globallyd) It helps the bottom line in both the short run and long run 2) The set of institutions that transfer the ownership of and move goods from the point of production to the point of consumption is called ? a)Production structureb) Distribution channelc) operational structured) marketing channel 3) Novelty stores is a small firm that sells its products directly to consumers. the company stores many brands of consumer goods and other low-value items. novelty store is an a) Retailerb) Producerc) Supplierd) Wholesaler 4) Prime Stores is located in Prince Albert, Saskatchewan. The store displays different types of homefurniture, and most of the store's business comes from individual consumers. The…Global coverage. Does the 3PL conduct operations in your worldwide markets?
- Is it common for manufacturers to develop exclusive arrangements with resellers in your country? Are there problems with such arrangements, and are they legal? (AACSB: Written and Oral Communication; Reflective Thinking)As a marketing consultant hired by a local company in your country, you are asked to give advice to the company since their goal is to launch their product into an international market.(a) What are three (3) major decisions in international distribution that should be undertaken by global marketers and how can companies optimize the most cost-effective ways to get their product to the end-user in the least amount of time. (b) Discuss the role/s that an Integrated Marketing Communication approach would play in the global company's promotional strategy.How can Airbnb ensure the ethical treatment of consumers, and should there be a seperate strategy for the international component of their business model?
- You are operating in the Caribbean preferably St.Lucis and want to market your product (body mist) to Brazil. Conduct an assessment of the mode of entry you will utilize based on the 5 modes (exporting, licensing arrangements, partnering and strategic alliances, acquisitions, establishing new, wholly-owned subsidiaries). Discuss two (2) potential advantages and two (2) disadvantages of the mode of entry selected. Conduct research on two (2) companies that failed when using the mode of entry you have selected for your product. Company names must be stated and what led to the failure must be clearly identified. Make it 1000 words in all.You are operating in the Caribbean preferably St.Lucis and want to market your product (body mist) to Brazil. Conduct an assessment of the mode of entry you will utilize based on the 5 modes (exporting, licensing arrangements, partnering and strategic alliances, acquisitions, establishing new, wholly-owned subsidiaries). Discuss two (2) potential advantages and two (2) disadvantages of the mode of entry selected. Conduct research on two (2) companies that failed when using the mode of entry you have selected for your product. Company names must be stated and what led to the failure must be clearly identified. please answer number 3 only the two failed companies must be in Brazil when it comes to exportingYou are operating in the Caribbean preferably St.Lucis and want to market your product (body mist) to Brazil. Conduct an assessment of the mode of entry you will utilize based on the 5 modes (exporting, licensing arrangements, partnering and strategic alliances, acquisitions, establishing new, wholly-owned subsidiaries). Discuss two (2) potential advantages and two (2) disadvantages of the mode of entry selected. Conduct research on two (2) companies that failed when using the mode of entry you have selected for your product. Company names must be stated and what led to the failure must be clearly identified. please answer number 3 only the two failed companies must be in Brazil
- ) Based on an international business perspective, explain the types of the companies in those industry whether they operate locally, internationally or globally. 2) Identify and explain the trends of these industry. What are the advantages and disadvantages? 3) If you become an international businessman, which industry would you penetrate in and why.How to elaborate the points as below: Entry Mode Advantage Disadvantage Exporting The business can choose his representative in the foreign market. This also helps the business to test if its product will be a success For physical business, this is a costly strategy. A lot of research for the representatives has to be done. Licensing The company can get vertical integration without heavy capital investment. The company will not have control over the use of its intellectual property by the Licensor. Franchise This is a low cost strategy and the franchisee has the knowledge of the local market. This is a source of passive income. There is less control over the operations of the franchise partner. The franchisees can learn from your business and become competitors in future. Joint Ventures The business can leverage the expertise of the joint partner. Transfer of technology and assets is easier. Internal clashes can happen sue to changes in culture…Assess possible reasons that drew Monster Beverage Corporation to international markets