Part One: Discussion – Contemporary Causes of Globalization – DUE : Tomorrow Tuesday 11/14/17
(Only needs to be 150 words)
In today’s varied global markets there are several issues to consider including but not limited to politics, technology, laws and regulations, and cultural differences. These issues can be strengths and/or weaknesses to a company. It is important to evaluate these issues and determine how they affect our business.
For your discussion:
Identify a specific international company
Identify and analyze three causes for its globalization
This can be done by sharing strengths and weaknesses
Part Two: Discussion – Expansion Decisions – DUE : Tomorrow Tuesday 11/14/17
(Only needs to be 150 words)
Assume that you work for a company as a VP of operations. You are tasked to look at the possibility of expanding into one of two countries with both manufacturing and distribution centers located in this country.
Country A is classified as a high income country with 250 million people in it. The technology base is solid but natural resources (wood, farming, iron, etc.) are somewhat limited.
Country B has 800 million people and is classified as middle-income. Resources in this country are favorable, but the government is somewhat hesitant on letting foreign companies in to operate.
Which country would you recommend expansion into and why?
Part Three: Written Assignment – Compare and Contrast the Global Markets
There are certainly pros and cons of going global. For example, with a physical product, the pros might include selling in more volume and the cons may include having to manage the process and logistics. It might also be costly to set up geographic distribution and global marketing at these destinations. Of course, all of this will depend on the global market chosen to do business in and the pro and cons may be different by product and service.
With this in mind, create a 2-3 page response to the following:
Identify and describe a global market
Analyze pros and cons of entering this specific market
Your final assignment should be proofread for correct spelling, grammar, and punctuation. For more information on APA, please visit the Online Library, which is available through the Resources tab.
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