QUESTION 6 Assume that you are the CEO of an organisation that is considering growing its footprint by establishing operations in the United Arab Emirates. Critically evaluate the key decisions that should be conceptualised to ensure the effective entry into the United Arab Emirates.
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QUESTION 6
Assume that you are the CEO of an organisation that is considering growing its footprint by establishing operations in the United Arab Emirates. Critically evaluate the key decisions that should be conceptualised to ensure the effective entry into the United Arab Emirates.
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- Topic : Introduction to international business Please to use cal's manufacturing in kingston Jamaica as the Caribbean country and United States of America as the international business environment and please Give a well detailed Analysis and rationale of the chosen entry mode for cal's manufacturing ltd as well as the overall conclusion and the history of united States of America make them lengthy please. you are hired as a consultant by Vikings Inc. to prepare a report based on the undermentionedcriteria.You will choose a known Caribbean Company in the manufacturing sector and itsproduct/service with information available on the internet, that does not currently operate outsidethe region. You will conduct a comprehensive study of the international business environment,that is, the geography, culture, government, history, economics, and politics of a new country,outside of the region, from which you believe the company and its product/service could operateprofitably. Propose a…List and briefly describe the three political and economic risks encountered when entering a foreign country. Give typing answer with explanation and conclusionQuestion 1: A US based multinational company designs and manufactures personal computers and operates in three continents: Asia, Australia and Europe. The computers are manufactured under contract in China. Marketing strategy is delegated to the heads of three regional groups: Asian group (based in Dubai), Australian group (based in Sydney), and a European group (based in London). Each regional group develops the marketing approach within its region. In order of importance, the largest markets for your products are Germany, Great Britain, India and Australia. The company is experiencing problems in its product development and commercialization process. Products are late to market, the manufacturing quality is poor, costs are higher than projected, and market acceptance of new products is less than hoped for. What might be the source of these problems? How would you fix them?
- Sarah is the owner of a small business that sells handmade crafts. She wants to expand her business by exporting her products to other countries. Sarah has never exported her products before and is unsure of how to get started. Question: What are the key considerations that Sarah should keep in mind when exporting her handmade crafts? Provide recommendations for Sarah on how she can research and select potential export markets. Finally, outline the necessary steps she should take to ensure the smooth execution of her export transactions.Article 2: Innovative sustainability trends give South Africa's coffee industry a caffeine kick Both globally and locally, coffee market players are increasingly expressing significant interest in sustainability, driven by ongoing concerns surrounding environmental issues and climate change. As a result of this focus, market players have been increasingly putting the 'green' back in coffee, by highlighting various sustainability efforts, including the introduction of recyclable or compostable packaging, as well as various other efforts that emphasise players' commitments to sustainability. Insight Survey’s latest South African Coffee Industry Landscape Report 2023 carefully uncovers the global and local coffee market, based on the latest intelligence and research. It describes the latest global and local market trends, innovation and technology, drivers, and challenges, to present an objective insight into the South African coffee industry environment and its future. In 2023, the…Describe the steps involved in assessing country risk once all relevant information has been gathered.
- Globalization: Question 6 options: Should not be measured at the global level Is unavoidable and irreversible Has a universally acknowledged index Should be measured at the global level What is usually thought to help Globalization is: Question 7 options: Protecting cultural identities Revolution in communication technologies Supporting language diversity Religious differences Question 8 The administrative distance between countries refers to: Question 8 options: Institutional differences Differences in the time zones Identity Differences in educationTable 1. U.S. Economic Indicators for a Five Year Period GDP Growth Inflation Unemployment Year 1. 2.5 2.1 5.6 Year 2. 3.7 1.9 5.4 Year 3. 4.5 1.8 4.9 Year 4. 4.4 1.1 4.5 Year 5. 4.8 1.5 4.2 How would you characterize the state of the economy over this time period and especially in the final year shown? Assess the state of the economy based on the data for the GDP Growth indicatorLicensing and exporting can be considered relatively low-risk methods of entering foreign markets.;True or False