Impact your competitive strategy in your global market

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Reference no: EM13985109 , Length: 3

Assignment

As you work on the project plan for your project, Mike, one of the marketing strategists on your team, stops at your office door wanting to talk. "We use fabrics that are made domestically; however, there are issues with using these same fabrics globally. There are laws and regulations that prevent us from shipping these fabrics to other countries. This is a huge concern. One of our primary selling points is the consistency of quality of our product."

You confirm Mike's concern, "That's an excellent point," you say. "Now you've just given yourself and our team more work for the presentation. I'm sure that will come up. One of the board members used to run a textile plant in China."

Mike nods his head in agreement. "I imagine textiles will not be the only resource concern," he says.

Assignment must be 2-3 pages in length and consider the following in your response:

Why should resources be a concern in a global strategy?

What resources may be a concern in the country you selected?

How will this impact the decision to move to the country that you selected?

How will this impact your competitive strategy in your global market?

Verified Expert

The report has been created in an APA format and contains information about a company that deals in the textile industry and wants to set up a new manufacturing plant in some other country, i.e. the company wants to enter the global business. The report contains important information about the country that the company can select for setting up its plant, the resources that would benefit the company and the competitive edge that the company would be able to achieve by investing their financial resources in their country.

Reference no: EM13985109

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Impact your competitive strategy in your global market : Why should resources be a concern in a global strategy - what resources may be a concern in the country you selected?
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