Case Scenario:
Imagine that you and a group of your fellow classmates own a company that manufactures cheap sunglasses. To lower production costs, you want to move your factory from your developed country to a more cost-effective nation. Choose a prospective country to which you will move production. In your report, please address the following elements.
- What elements of the national business environment might affect your move?
- Are there obstacles to overcome in the international business environment?
- How will managing your company be different when you undertake international activities?
- What challenges will you face in managing your new employees?