Assignment: Managing International Business ACROSS BUSINESS FUNCTIONS
When a firm plans to conduct business in a foreign country, it should request input from its managers across various departments. The production managers may assess a country according to the expenses associated with production and therefore may focus on the following :
a) What is the cost of hiring the necessary labor?
b) What is the cost of developing a new facility?
c) What is the cost of purchasing an existing facility?
d) Does the country have access to the necessary materials and technology?
e) What is the foreign demand for the firm's product?
f) What is the cost of marketing the product in that country?
g) Is it possible to obtain a local loan in that country?
h) What is the interest rate charged on local loans?
With these questions in mind choose one of the products below to determine if this product based out of the United States has a chance of becoming successful in the country that it is listed with it.
a) Electronics/Japan
b) Wine/France
c) Automobiles/Germany
d) Clothing/China
Format your assignment according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.