Assignment:
Create a 6 page report:
• Country Study - Report: These country studies are tgive transparency tactually doing business in different countries around the world.
Comparative study focuses on selected countries in the developing world. Using a hypothetical company in a pre-selected industry, your study should be put together like a high-level report texecutive management, and must cover these issues:
1. Twtthree cultural differences from the USA that could be important when conducting business in the country
2. Political system in country, Human Development Index, Political Freedom Index, Economic Freedom Index, Purchasing Power Parity (tUS$), primary religion(s) - with analysis of possible effects of each of these seven national features on a US domiciled firm doing business in the country.
3. Discuss how international trade theory fits the country and industry:
1. Mercantilism/Absolute Advantage/Comparative Advantage
2. Heckscher-Ohlin/Factor Endowments
3. Product Life Cycle (Where is your firm's product in the product life cycle and is it a good fit in the target country?)
4. Evaluate how international trade theory is used texplain the target country's determinants of national competitive advantage (all four parts of National Competitive Advantage/Porter's Diamond):
a) Factor endowment
b) Demand Conditions
c) Firm Strategy/Structure/Rivalry
d) Related/Supporting Industies
5. Current trade with USA/recent FDI statistics.
6. Currency/FX movement vs US$ last 5 years, predictions for next 6 t12 months (use securities firm, governmental, etc., reports/forecasts.
7. Strategy of your US firm (generic: cost leadership, differentiation, focus, etc.), international strategy of your US firm (global standardization, etc.), proposed entry strategy (joint venture, etc.) tyour targeted country.
8. Potential marketing issues (language, availability of good data, cultural issues, etc.).