Prepare a business report focusing on the business potential. Also, give advice on the entry mode and external risks if the decision is made to do business in the Middle East.
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- You are a consultant to a small size Company engaged in Halal Food Products. The company is interested to expand its business to Europe and North America. Prepare a business report focusing on the business potential. Also, give advice on the entry mode and external risks if the decision is made to do business in the Europe and North America.You work for a Nova Scotia company trying to successfully enter the cranberry market in Australia, What are some factors that can impact the company's success. Create an analysis to understand the environment of the country you are entering (Australia).Introduction to International Business Requirements: You are hired as a consultant by Tokyo Inc. to prepare a report based on the undermentioned criteria. You will choose a known Caribbean Company (I'm choosing is Yao Antigua Dairy Ltd. (https://www.yaoantigua.com/) in the agro-processing sector and its product (s) with information available on the internet, that does not currently operate outside the Caribbean CARICOM region. You will conduct a comprehensive study of the international business environment (I'm choosing Canada), that is, the geography, culture, government, history, economics, and politics of a new country, outside of the region, from which you believe the company and its product (s) could operate profitably. Propose a strategy for internationalization. Looking particularly at entry strategies i.e. • exporting• licensing arrangements• partnering and strategic alliances• acquisitions• establishing new, wholly owned subsidiaries, also known as greenfield venture that…
- As an overall outcome of your study of the (Tourism & Hospitality) course, discuss in an analytical manner how does the world unstable health conditions affected global tourism movement, and how this industry can overcome the resulting losses?You are operating in Trinidad and want to market your Petroleum Gas to Brazil. Conduct an assessment of the mode of entry you will utilize based on the 5 modes discussed in the course (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.Instructions: Analyze and answer the following questions A US Company plans to sell farm equipment in a country in Asia. This country traditionally had not conducted business with companies outside of its geographic region. Answer these questions for the US company. How might economic conditions affect business decision What social and cultural influences could affect business decisions? How could politics and laws after the company's exporting activity? What geographic factors might influence the company's international business activities?Kindly elaborate your answer. Thank you so much!
- Subject: Introduction to International Business You are hired as a consultant by Tokyo Inc. to prepare report based on the undermentioned criteria. Braf's Manufactoring (https://www.uncappedmarketplace.gy/vendor/brafs-manufacturing/) located in Guyana is apart of the agro-processing sector. Braff Manufactoring produced products such barley flour but does not currently operate outside the Caribbean CARICOM region. You will conduct a comprehensive study of the international business environment, that is, the geography, culture, government, history, economics, and politics of a new country, outside of the region, from which you believe the company and its product (s) could operate profitably ( use Singapore). Propose a strategy for internationalization. Looking particularly at entry strategies that could be utilized as discussed in the course. You will need to keep in mind the domestic realities of the company and its product (s) by conducting a situation analysis to start. You are…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…China and India have been the world's fastest-growing economies in recent years, and Brazil is becoming a major force in international commerce. Write a short essay that summarizes how these three countries are changing the landscape of international business, and describe the arena in which each excels. Then choose some type of business that you would like to be involved in, and describe how and why you, as a manager in that business, would choose to work with other organizations in one of these three countries.
- A market entry strategy is the planned method of delivering goods or services to a target market and distributing them there. Once a firm decides to enter a foreign market, the question arises as to the best mode of entry. Explain advantages and disadvantages of different entry modes that Marketers must need to consider when enter the foreign market. Use critical approach to address the issues.“Global Marketing Research may be daunting but it is necessary in trying to successfully navigate and penetrate a foreign market… Successful, well-conducted international market research minimises the risk of wasted money, time, and effort from ill-informed marketing and financial decisions.”Source: Craig & Douglas (2005). With reference to the above statement, critically discuss the key problems/challenges in collecting international market data and argue how these problems/challenges might be overcome.You are required to select a company that markets its consumer products in Singapore. (You are to choose a product-based business and not a service-based business). The company you have chosen should be a manufacturer and not a distributor.2. Identify a new product that you think this company might find suitable to launch and market in Singapore (i.e. it must be a product that is related to its line of business and it must also be new and not marketed before by the company). For example, if you choose Nokia, then the product you might come up with a phone that monitors blood pressure.