Company CC was established by two brothers, Person T and Person TE in 1931. Due to great depression, there were problems in the economy which affected the transportation. The farmers couldn’t transport their milk products to large distance. The brother decided to open a cheese factory by procuring milk from local farmers. In 2017, the company generated enough revenue but the board is more concerned about the future growth of the company as the dietary pattern were changing. The company was searching for alternative like setting up new company to product non diary-based products, expansion of market into Country M and Country CA, expanding their current product offering by adding ice creams and other high-end cheese products and last one is the combination of any of the other alternatives. To determine: The pros and cons for all three alternatives.

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The World Bank identifies 214 discrete economic environments in the world today—188 countries and 26 economies with populations of more than 30,000. The former include countries that most are quite familiar with, such as Austria, Chile, China, Germany, Indonesia, Vietnam, and so on. The set of “26” include nations such as Andorra, Bermuda, Isle of Man, Macao, San Marino, Tuvalu, and Vanuatu. In principle and in practice, each of these 214 business environments has ___________ cultural, political, legal, and economic characteristics that define business activity within its borders. A) radically different B) utterly unpredictable C) surprisingly identical D) unique, but similar

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Chapter 1, Problem 1.1C

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Case summary: Company CC was established by two brothers, Person T and Person TE in 1931. Due to great depression, there were problems in the economy which affected the transportation. The farmers couldn’t transport their milk products to large distance. The brother decided to open a cheese factory by procuring milk from local farmers. In 2017, the company generated enough revenue but the board is more concerned about the future growth of the company as the dietary pattern were changing. The company was searching for alternative like setting up new company to product non diary-based products, expansion of market into Country M and Country CA, expanding their current product offering by adding ice creams and other high-end cheese products and last one is the combination of any of the other alternatives.

To determine: The pros and cons for all three alternatives.

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