Reference no: EM131356376
Assignment: Global Business
Part 1
Entering a Foreign Market
Imagine you are the marketing manager for a U.S. manufacturer of paper products (including paper plates, paper towels, napkins, toilet paper, and tissues). Your company is considering entering the Argentinean market. Consider the following:
•Should the pricing decisions in Argentina be delegated to the local managers? Why or why not?
•Should the advertising message that has been effective in the U.S. be used in Argentina? Why or why not?
•What are some of the considerations that might be taken into account regarding product attributes?
Part 2(Two Parts)
Part I
Select one of the poorest countries of the world (one with under $1000 gross domestic product [GDP] per capita). Research your chosen country and provide answers to the following questions:
•Does this country provide exports? If so, what products or services are exported?
•What quality or condition is the land in this country?
•What is the rate of unemployment?
•What is the education situation or level of education for the people in this country?
Based on the information provided, discern whether this country has any national competitive advantage and discuss whether free trade can benefit this country and, if so, how. Be specific in your response.
Part II
Based on your country of choice, develop scenarios where firms may invest in your country using the following strategies:
•Global standardization strategy
•Localization strategy
•Transnational strategy
•International strategy
For each strategy, develop one scenario where an international firm would desire to enter the market of your chosen country. Describe the products or services offered by each firm and why the strategy was chosen. Cultural, political, and legal factors should be taken into consideration, as well as any informal or formal trade barriers.
|
Draw triangles to show the functional entities
: Create a figure that shows all the horizontal data flows related to handling purchase returns to vendors. Observe the given specific requirements:
|
|
What level of safety stock should be maintained for bb-1
: Mr. Beautiful, an organization that sells weight training sets, has an ordering cost of $40 for the BB-1 set. (BB-1 stands for Body Beautiful Number 1.) The reorder point for BB-1 is 60 sets. What level of safety stock should be maintained for BB-1
|
|
Draw a dfd to reflect the exception routine
: Draw a DFD to reflect the exception routine of handling purchase returns and allowances.- Purchasing goods through an online auction site, so that the price changes each time a purchase is made.
|
|
Construct an income statement and a balance sheet
: Construct an income statement and a balance sheet from the information given.
|
|
What quality or condition is the land in the country
: What quality or condition is the land in this country? What is the rate of unemployment? What is the education situation or level of education for the people in this country?
|
|
What is baker inventory turnover
: Baker Mfg. Inc. (see Table 11.9 ) wishes to compare its inventory turnover to those of industry leaders, who have turnover of about 13 times per year and 8% of their assets invested in inventory. What is Baker's inventory turnover
|
|
Conduct a financial ratio analysis
: Your friend has asked you to help him conduct a financial ratio analysis. Fill out the financial ratio information on a copy of the third table on the next page. After comparison with industry standards, what advice would you rive your friend?
|
|
What are the attributes of an effective strategic leader
: What is the relationship between organizational structure and organizational controls? What are the attributes of an effective strategic leader? Discuss the value that person brings to the strategic management process.
|
|
How much safety stock should be carried
: Tobacco is shipped from North Carolina to a cigarette manufacturer in Cambodia once a year. The reorder point, without safety stock, is 200 kilos. how much safety stock should be carried
|