A company, Golf Pros, would like to build a golf course that could be played year round. Which component of the international business environment would they need to consider? a. Geography b. Culture c. Politics d. Economy
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A company, Golf Pros, would like to build a golf course that could be played year round. Which component of the international business environment would they need to consider?
Geography
Culture
Politics
Economy
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- which of the following is the short form of external factors of business. i.e., political, social, environmetal, natural, international & technical? a. STEPIN O b. PESTNI O c. INSTEP O d. PESTINYou work for a Nova Scotia company trying to successfully enter the cranberry market in Australia, What are some factors that can impact the company's success. Create an analysis to understand the environment of the country you are entering (Australia).this is international Business class Q: What are the different global competitive strategies that a company can choose to compete in an international/foreign market? How to decide which one to adopt?
- What is better International Business or Local Business? WHY?When companies expand into global markets, they must be aware of the different cultural environments they are entering. A successful business model in one country may not be successful in another. U.S. companies, such as Walmart, Best Buy, and Home Depot, for example, have struggled in certain overseas markets due to their inability to meet the needs and expectations of the local culture. Read the hypothetical description of an overseas country, and then answer the following question. People in this country tend to go to stores several times a week to get what they need rather than making one big trip less frequently. They prefer fresh food products to frozen ones, and they also like to sample food items before purchasing them. They like their homes and places of business to have character, with ornate decorations and vibrant colors. A U.S. store opens in this country and exhibits the following characteristics. Which of these characteristics will be problematic for the success of the…1.What are some factors that make entry barriers low or high? How might low or high entry barriers affect the conduct of firms already operating in the market? Give examples. 2. Discuss how the degree of market concentration may be related to the speed of technical innovation. That is, are firms within industries of high or low concentration more likely to innovate quickly? How may market share and level of competition – low, medium, or high – be related to the presence or absence within firms of Research and Development? Give examples if you wish.
- Identify one company that has a strong culture. How can you support your opinion?Choose a foreign country and write a report for a hypothetical Jordanian company or: A list that produces food products and you want to enter this market. The following are the reasons for choosing this country. 1. Intentionally information about this country includes demographic characteristics. 2. Population and geography. Information about the economic, social, cultural and political environment. 3 Habits The patterns of consumption and purchases. 4. Decisions of the marketing mix chosen by you and the justifications for these decisionsYou are hired as a consultant by Vikings Inc. to prepare a report based on the undermentionedcriteria.You will choose a known Caribbean Company in the manufacturing sector and itsproduct/service with information available on the internet, that does not currently operate outsidethe region. You will conduct a comprehensive study of the international business environment,that is, the geography, culture, government, history, economics, and politics of a new country,outside of the region, from which you believe the company and its product/service could operateprofitably. Propose a strategy for internationalization. Looking particularly at entry strategies thatcould be utilized as discussed in the course. You will need to keep in mind the domestic realitiesof the company and its product/service by conducting a situation analysis to start. You are alsorequired to suggest an international strategy after an analysis of all strategies discussed in thecourse.
- 9. What is the environment where a firm conducts business known as A) Global business environment B) Economic environment C) Domestic business environment D) Technological environment 10. What is the willingness and ability of producers to offer a good for sale referred to as? A) Private enterprise B) Supply C) Free market economy D) Law of supplySummary based on the soap business in England: a) Reiterate your assessment of the political, economic, business, market opportunity, culture, market entry mode for the reader.Explain The background of South korea in terms of: 1.History 2. Geography 3.demography 4.Economy 5.political environment