Assignment:
When considering pursuing foreign markets, a company must analyze its ability to implement and maintain its business abroad. Address the following as you continue your feasibility investigation:
- What considerations (including cross-cultural communications and negotiation issues) would your company need to make in order to launch and maintain business in your selected country?
- Identify the risks and opportunities associated with exporting the selected product to the selected country.
- Describe a proposed strategy for the launch of the product, including how you would promote the product launch.
- How would you manage this venture? What management structure would you recommend?
- Summarize production considerations, including where the manufacturing would take place and the packaging, logistics, and delivery considerations.
- What political and legal rules and regulations would need to be followed in order for your company to sell products abroad? Are there forms to file?
- What are the key fiscal considerations, such as perhaps the foreign exchange market and the international monetary system?
- How will you determine whether or not this is a profitable venture?
- Discuss the elements of the internal workings of the company that you will need to carefully consider before making your final recommendation to the board of directors.
Write your answer in 250 to 500 words.
Please review the document enclosed here:
Attachment:- Brand management.rar