has made it easy for firms to sell products in the international market.

Q: Why do firms purchase from foreign suppliers? What are the risks involved in global sourcing?

A: For a variety of reasons, including cost savings, access to specialist goods or services, and access…

Q: What are the benefits and the drawbacks to worldwide sourcing

A: Worldwide sourcing refers to the strategies under which goods and services are purchased by the…

Q: Be able to discuss the perils of shipping goods internationally.

A: The process of transporting cargo and goods from one location to another via land, air, or sea is…

Q: Please give a specific example of transaction cost with respect to multinational companies?

A: Multinational Companies It can be described as the transfer of domestic management skills to other…

Q: There are multiple ways a company can enter a foreign market. Explore two possibilities such as…

A: Expanding into foreign markets is a critical strategic move for companies seeking to grow their…

Q: What are the risks associated with licensing and exporting as entry modes?

A: Entry modes are ways to enter a particular foreign market to do business. Licensing is a method that…

Q: Globalization is one of the ways for capturing international markets. O True O False

A: Globalization- Marketing globalization is an interdependent term combining the advertising and…

Q: Please pick one product which is not available in the United States and how it can be…

A: Internet has made access to information very easy. A consumer sitting in one corner of the world can…

Q: Worldwide sourcing of raw materials, components, finished goods and services will continue to…

A: In this day and age, the arrangement of sellers, movement, and information needed to source…

Q: What is the Certificates of Inspection or Analysis in international trade?

A: Introduction: International trade can be defined as the process of exchange of goods and services,…

Q: Discuss the possible pros and cons of the trade between United States and other nations.

A: Imports and exports of goods has increased the purchase of foreign-based goods and services amongst…

Q: has made it easy for firms to sell products in the international market.

A: Nowadays international business is becoming the latest trend for the companies where they produce or…

Q: Discuss how the International Trade System and the Economic, Political-Legal, and Cultural…

A: Before knowing the factors which affects the international marketing decision , we should know what…

Q: As a highly admired international entrepreneur, you have been invited to give a speech on the need…

A: Localization is the process  in which specific market is targeted by the company for its product…

Q: Four key elements of the international marketing mix that could be leveraged to strengthen  brand…

A: International marketing involves the promotion and sale of products or services across borders. It…

Q: Are the basic functions of exporting and domestic selling the same?

A: Export Selling, in the most simplest terms, can be defined as the practice of selling goods in…

Q: Explain the importance of international trade ?

A: Trade is an important component for prosperity, economic growth, provision of good jobs, raising the…

Q: Briefly examine the essence of trade in development and especially ways and means of supporting the…

A: Trading is the basic economic prefrencial concept that involves the transfer of goods from one…

Q: What are three ways Japan has won or lost with International Trade. Cite your sources

A: Meaning of international trade;- International trade refers to exchange of goods, services and…

Q: A

A: Talking about the sustainable approach to the tourism development then, we are going to use the…

Q: five ways a company can get involved in international trade

A: International market is trading of goods and services from one place to another , from one…

Q: Dell's method of engaging in international trade

A: Dell Inc. is a multinational technology company that develops, sells, repairs, and supports…

Q: What are the advantages and disadvantages of a firm establishing its own distribution in…

A: The advantage of a firm establishing its own distribution in international markets: Full control…

Q: Discuss the impact of strategic alliances on international marketing strategies.

A: Tactical alliances are very popular in today's situation. In the business environment, these days’…

Q: Discuss the five ways (Modes) used by companies to enter a foreign market, give one example of each…

A: Market- A place where sellers and buyers could meet to facilitate the transaction or exchange of…

Q: Contrast the concepts of standardization and adaptation from the perspective of international…

A: For a firm to grow and succeed it must try to expand it's customer base. Entering new geographies is…

Q: Suggest also four (4) programs/policies which can be instituted by your government to help…

A: The concept of international business has led to many advantages for the global industries but at…

Q: Describe the concept of Export Management Company (EMC) in your country.

A: An intermediary that helps producers sell their products to foreign importers is known as an export…

Q: Examine how the scale of a country's economy influences international trade and, as a result,…

A: International logistics can be described as the transportation of goods from one country to another…

Q: How should the Philippines take action regarding these problems in trade industry

A: Graft & Corruption- Corruption a constraint to trade and investment is a pervasive and a long…