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you produce organic hair and cosmetic products in the caribbean. why would it be a good idea to expand business to brazil?
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- Why is international business different from domestic business?What are some cultural mistakes companies in Canada make when doing business in China ?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.
- What are some cultural factors that U.S. companies must recognize when doing business in Latin America? Think in terms of potential customers and how other businesses operate given their culture.You are a successful entrepreneur operating a local business for the last five years in your chosenindustry. Since your business has grown over the years you have now decided to take your businessoverseas and are considering two options. The first is to enter another Asian country with yourproduct/service and the other is to enter a country in Europe. Choose ONE of the two chosen countries and the organization above, explain how thefollowing international business theories can be used when making the decision to gointernational? Please include the limitations of these theories and how they can impact internationalexpansion. 1. Raymond Vernon’s product life cycle2. John Dunning’s eclectic theory3. Porters Diamond model4. Johanson and Vahlne’s Uppsala model5. Hofstede's cultural dimensions theory modelWhat is a franchise? Using a real case of a country and brand, describe the main characteristics of this method of entry into a new market and the main risks that must be taken into account?
- How did gaining this new knowledge make you feel about International Business?Find a Malaysian business opportunity.You are an entrepreneur of a local organic product shop in St. Vincent and the Grenadines, specializing in hair products and other cosmetic products. You are considering based on emerging market trends to expand to South Africa. Why would you expand to this country? What mode of entry would you use?