Discuss expansion marketing research
Section One; Country Study:
Assume your company has decided to expand their US business into an international business. You have been asked by your company to research potential countries to determinewhich country they should expand their business to as their first overseas venture.Assignment Criteria:
Introduction
a. Pick a real organization to use as your template organization for this project.
The organization can be a large multinational organization, a large domestic organization, a small organization, or your current (or previous)employer. State whether your organization will be selling a product (state product type), sellinga service (state service), or set-up a manufacturing facility (state type ofmanufacturing).
b. Research and determine a country that you would recommend to your CEO forinternational expansion. State the name of the country you will be
recommending for international expansion.Perform a country study to help determine the any potential issues, costs, and thebenefits of doing business in a particular country.
By occupation
Total Exports
Exports – commodities
Exports – partners
Total Imports
o Import – commodities
o Import – partners
Infrastructure – physical (transportation) & informational (communication)
Unemployment
Industries
o Industries growth rate
Geographic:
Natural resources
Access to resources and raw materials
Climate
Land use
Current
Natural Hazards
Political-Legal:
Type of government
Political stability
Foreign investment and approval procedures
Regulatory requirements
Labor and employment laws
Governmental assistance programs for foreign businesses
Tax laws and applicable treaties
Answer preview:
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