Foreign and Domestic Based Intermediaries play critical roles in the success of International Business Required: 1. Examine the role of two (2) Foreign Based Intermediaries. 2. Examine the role of two (2) Domestic Based Intermediaries. 3. Would you agree they have significant impact in facilitating international business and mitigating risk?
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Foreign and Domestic Based Intermediaries play critical roles in the success of International Business
Required:
1. Examine the role of two (2) Foreign Based Intermediaries.
2. Examine the role of two (2) Domestic Based Intermediaries.
3. Would you agree they have significant impact in facilitating international business and mitigating risk?
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- 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."All commercial transactions between two or more countries, including sales, investments, and transportation, that need be managed carefully, are classified as international business." Explain the job of a manager in the management of an international firm in order to help the company succeedWhich of the following is the best explanation for the motivation for a private company to engage in international business? A) Private companies undertake international business for personal reasons. B) Private companies undertake international business for the government. C) Private companies undertake international business for interest in other nations. D) Private companies undertake international business for profits
- 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.a) What are the advantages and disadvantages of a firm establishing its own distribution in international markets, and what forms might this take? What criteria should be applied when managing an agent or distributor in international markets successfully? b) Discuss the competitive advantages (if any) of forming and sustaining mutually beneficial business-to-business relationships in international business markets.When considering entering international markets, there are some significant strategic and tactical decisions to be made. Each entry mode has different pros and cons, addressing issues like cost, control, speed to market, legal barriers, and cultural barriers with different degrees of efficiency. In this perspective, discuss any two methods of doing business internationally. You are also required to briefly discuss advantages and disadvantages. Use real life examples to support your answer.
- You are operating in Jamaica and want to market your Hand Sanitizers 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.How do international business transactions differ from domestic transactions?Why market diversification is one of the disadvantages of international trade. Explain.
- Why would a company choose to work through intermediaries when selling products in a foreign country?Suppose you are working as E-commerce manager in a multinational company and working on ecommerce website which is going to take business all over the world. As an E-commerce expert propose the solution for different cultural issues surrounding international e-commerce.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.