Ethiopia – U.S. Cooking Oil Technology
Ethiopia – U.S. Cooking Oil Technology
Description Text: Global Business Today, 9th Edition. By: Charles W.L. Hill ISBN: 978-0-07-811291-1 – you can buy used book at any website like: Amazon & others. Recommended Readings: 1. Export Management 2. The Wall Street Journal Helpful Websites: www.export.gov, www.doc.gov, www.state.gov. www.cia.gov, www.exim.gov, www.opic.gov https://www.youtube.com/watch?v=pQ6gG1ex1-w https://www.youtube.com/watch?v=-bIUPlBGQoE&feature= https://www.youtube.com/watch?v=jf6e0NGnA-E&feature=related https://www.youtube.com/watch?v=kFrPcuY541A&feature=related Term Paper: Write term paper by following these directions: Country Information, Product Introduction and Potential in that Country, Export Marketing Process, Three years Pro-Forma Financials. Include relevant topics from text book as well. Refer to detailed information on next page. Country and Product will be assigned by the teacher. International Business is an understanding of all functions of business in all cultures and countries. American businesses have products/services, capability, and availability of resources, global database, and government support to market products overseas. Because of lack of international marketing or exporting training, small US businesses are at a disadvantage. Write a term paper by developing a business plan for a given US Product or Service for Exports and/or Development in an assigned market and/or a foreign country. The paper will also cover the region, it is located. For Example: Brazil in the region of South America. More explanation follows. Fall 2018 Dr. Zafar A. Bokhari The challenge for international manager is to develop strategic plans that are competitive in the intensifying global markets. This will be an “Individual Project”. Country and products will be assigned in the class. Write a term paper according to the following guidelines: Country Information Product In Equipment/Service Product Entry Mode 1. Country Information. www.cia.gov – www.state.gov – www.state.gov Country is being assigned. Write about its Location, Population, Political and Socio-Economic situation, System of Government, Trade Regulations, Transportation System, Currency, Channels of Distribution, Logistics, and Culture. Then design Export strategies of a given American Product or Service to market into that country. 2. Country & Product to EXPORT will be assigned – USA has Comparative Advantage in the following products and services: Food & Commodities Medicine & Pharmaceuticals: Services and Technology Process Technology in Basic Human Needs Projects Personal Care Products and Technology Agriculture and its machinery 3. Product Entry Modes • Exporting – You will develop this model in your Business Plan/Term Paper • Setting up sales offices – Franchise • Establishing facilities • Joint Ventures • Wholly owned subsidiary – FDI – Greenfield Investments (Large MNCs)
