Create a 4–5-page paper in which you justify your assertions for each of the following: Develop a brief overview of the fictitious company including its product(s). Read Chapter 11 Choose at least two...

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Create a 4–5-page paper in which you justify your assertions for each of the following:

  1. Develop a brief overview of the fictitious company including its product(s). Read Chapter 11

  2. Choose at least two different countries (not the US) where the company would globalize the product or their products, and analyze the following objectives:


    • Develop a brief profile of the countries that you have chosen. You can use the following link to get information by country:https://guides.library.yale.edu/c.php?g=595576&p=4120422

    • Describe external factors or environments of the selected countries (political, economic, technological, legal and others) which could benefit or discourage international business. Read Chapters 2, 3, 4, and 6.

    • Select successful strategies to enter the global market for the different foreign countries that you selected. Read chapter 11.

    • Investigate the key factors that you would need to understand to guide an effective pricing strategy for your product or service, based on your foreign currencies’ analysis for your selected countries. Read Chapters 9 and 14.

    • Comparative analysis between international trade (export/import), contractual entry mode (franchising, licensing, management contract and Turn key Projects) and Investment entry mode (Subsidiaries, Joint Ventures, Strategic Alliances). Explain which of these models would you choose. Read Chapter 13.

    • Better practices to look for international business opportunities for your company and for your product(s). Read Chapter 12



Additional RequirementsThe textbook chapters that I suggest that you read must be complemented with external research. You must use at least 6 references. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment. For help with research, writing, and citation, access the library or review library guides.
Answered Same DayMay 02, 2021

Answer To: Create a 4–5-page paper in which you justify your assertions for each of the following: Develop a...

Jose answered on May 03 2021
120 Votes
The University of Queensland
Running Head : Management
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Management
International Business
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1.0 Introduction
Companies are using different strategies and methods for managing business operations in f
oreign countries. As per the report of the Business Insider (2019) while entering into a foreign country the companies have to consider internal and external factors affecting the business. The company also has to develop effective marketing and pricing strategies for attracting foreign customers. In this research paper, we are analysing the globalization strategy adopted by the Dew Drops. We are also analysing the international business opportunities available for the company in a detailed way.
2.0 Body
2.1 Overview of the Company and Its Products
Dew Drops is an American based water purifier company, the company started its operations in the year 2010 and the company is providing services to the different parts of the country. Jake Well is the CEO of the company and more than 15000 employees are working in the company. The head office of the company is situated in California, US. The major products offered by the company include water bottles, portable water purifiers of different sizes and colours. For improving the market share and for attracting more customers, the company wants to enter into two countries, India and Japan. Now we can analyse the profile of these two countries.
2.2 Profile of the Selected Countries
Profile of India
Profile of Japan
As per the Yale University Library Reports (2021), 127,103,388 is the population of the country and 4.2% is the unemployment rate. The country is famous for traditional arts, poetry and flower arranging (Massot 2020,p.511). GDP growth of the country is around 5.08 trillion U.S. For communication, most of the people are using mobile phones and Japanese people give more importance to quality and they are also following strict diets and water therapy methods. Broadcast media in the country very effective and it includes both public and private companies. The country is also following very strict waste management models and methods.
Profile of India
Most of the investors considered India as a land of opportunities, the population of the country is about 1,236,344,631 (growth rate: 1.25%). The GDP of the country is around 2.59 trillion U.S. dollars; India is a member of commonwealth nations. The country has good relationships...
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