Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Select a fairly inexpensive product that you currently own, and a country that you're not very familiar with. The product could be a moderately priced watch, radio, or other device. Now imagine that you are with the international sales department of the company that manufactures and sells the item and that you are proposing to make it available in the country you have selected. The first step is to learn as much as possible about the country where you plan to market the product. Check almanacs, encyclopedias, the Internet, and library databases for the most recent information, paying particular attention to descriptions of the social life of the inhabitants, their economic conditions, and cultural traditions that would encourage or discourage use of the product. Your 1-2 page report is to be submitted to the chief operating officer of the company, whose name you can either make up or find in a corporate directory. Make sure to include the following:

(1) Briefly describe the product you plan to market abroad.

(2) Briefly describe the country you have selected.

(3) Indicate the type(s) of people in this country who would find the product attractive. Provide at least one (1) supporting fact.

(4) Explain how the product would be transported into the country (or possibly manufactured there if materials and labor are available).  Provide at least one (1) supporting fact that justifies your choice.

(5) Recommend a location for a regional sales center. Provide at least one (1) supporting fact that supports your location choice. (6) Describe how the product will do in this new environment, with at least two (2) supporting facts.

(7) Describe at least two (2) recommendations for marketing (steps the company should take immediately and those it should develop later).

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92051434
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

Can you please explain the following strategies overall

Can you please explain the following strategies: overall cost leadership, differentiation, and focus, and share an example of these strategies?

There are hundreds of sample business requirement templates

There are hundreds of sample business requirement templates and examples on-line. Search, pick two and discuss what you like, what you do not like, and how you would change them. Be sure to include links in your answers.

Why might an organization decide to outsource all or some

Why might an organization decide to outsource all or some of its logistics activities to a third party?

What is the lesson learned from the stories about the

What is the lesson learned from the stories about the accuracy of Wikipedia?

Can the fundamental principles of getting employees highly

Can the fundamental principles of getting employees highly involved with their work provide an adequate context for designing high-performance work systems?

1 create a summary profile of caribbean culture using any

1. Create a summary profile of Caribbean culture using any two of the three models/ frameworks listed below (400-600 words): a. Hofstede's Cultural Dimensions Theory b. Trompenaar Model of National Culture Differences c. ...

In the value of paradigm in coaching vs discipline what

In the value of paradigm in coaching vs discipline, what value do you see coming from it? How would you groom and mold your supervisors to take on this type of paradigm?

Case study car loan division at brissy Case Study: Car Loan Division at Brissy Banking

Case Study: Car Loan Division at Brissy Banking Background: Brissy Banking (BB) is a financial organisation in Queensland, Australia. They have over 15,000 staff and operate in all states and territories of Australia. BB ...

Do you think that compensatory justice provides a

Do you think that compensatory justice provides a sufficient rationale for affirmative action programs in hiring or college admissions?

Do you think there is some type of diversity we really

Do you think there is some type of diversity we really aren't interested in? Or, perhaps what we really are looking for is an end to discrimination, but at some point in the last 10-15 years that has morphed into the con ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As