How might a company make strategic use of countertrade schemes as a marketing weapon to generate export revenues? What are the risks associated with pursuing such a strategy?
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How might a company make strategic use of countertrade schemes as a marketing weapon to generate export revenues? What are the risks associated with pursuing such a strategy?
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- Suppose you are a manager (or owner) of a small firm which cultivates agricultural product (crops), and sell (export) in the international market (foreign country). You need to follow or consider four risk factors (currency, country, cross-culture, and commercial) in this business. 1. How do you consider these four factors? and 2. what factor is most considerable for your agricultural business in the international arena?Give some examples of Countertrade ?Myanmar Coup and International Political Risk: What effects will this military coup have on foreign firms operating in Myanmar?
- What does the IMC do?A market entry strategy is the planned method of delivering goods or services to a target market and distributing them there. Once a firm decides to enter a foreign market, the question arises as to the best mode of entry. Explain advantages and disadvantages of different entry modes that Marketers must need to consider when enter the foreign market. Use critical approach to address the issues.Need a self explanatory solution for the following question How countries with Intellectual Property Rights regulations trade with countries that do not have such regulations and what can the former countries do to prevent "copycats" of their competitive products and still be profitable in those countries without regulations?
- Discuss the three ways to enter foreign markets. Which is the best?When thinking about expanding into foreign markets a business must make three basic decisions: which markets to enter, when to enter those markets and on what scale. Why is licensing proprietary technology to foreign competitors the easiest way to give up a firm's competitive advantage?Does the U.S. have a trade deficit or surplus? (Research this separately) What are the arguments for protectionism or free trade? How is this affecting (expected to affect) the economy (consumers, business dealings, prices, tariff income generated, etc.) Read Ezekiel 28:18, and Proverbs 31:18. How does trade played an important role in biblical times.
- What factors should a company consider when evaluating a new market entry opportunity?You are the owner of the British fast-food restaurant chain “Burger Queen”. You have decided to expand abroad and have to determine the best mode of foreign market entry. In this context, answer BOTH parts of the question. What are the possible modes of market entryYou are the owner of the British fast-food restaurant chain “Burger Queen”. You have decided to expand abroad and have to determine the best mode of foreign market entry. Which method would you choose for your company and why?