How would international expansion affect your business

Assignment Help Business Economics

Reference no: EM131155583

Econ

Part 1 (400 words)

You are a business owner firm that manufactures a specialized product in the United States. While developing a 5-year strategic growth plan, you have decided to investigate the benefits and disadvantages of expanding internationally. Research the issue, and discuss the following:

•

• Do you think it is worth it?

Part 2 ( 500 Words)

The importance of trade continues to be a topic that is debated because the gains are not always quantifiable by those involved. An article by Ed Crooks published on January 6, 2011, America: Riveting Prospects, discusses why American companies are sometimes opposed to exporting.

Using a search engine, search for the article titled America: Riveting Prospects by Ed Crooks, which was published in the Financial Times on January 6, 2011. You will notice several options under this title, chose the link that is provided by the Financial Times. There is a free version of this article through the search engine. A subscription payment is not necessary to review this article. Complete the following:

• Discuss the 5 reasons that Mr. Crooks outlines in the article regarding issues with exporting.

• Offer your opinion of whether the economist's viewpoint or the industrialist's viewpoint is more agreeable to you.

Part 3 (400 words)

first watch How we can make the world a better place by 2030. https://www.ted.com/talks/michael_green_how_we_can_make_the_world_a_better_place_by_2030

Then, offer your considerations as to whether this could work or not. Within your response, provide examples of how it could work, or what would need.

Reference no: EM131155583

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