Discuss Smart Entry to Foreign Markets

In these discussions, exploration is encouraged! Tie your responses to the lesson, readings, and concepts being covered this week.

Select one initial question from the following to answer.

Falafel Burger Over Chapati Bread Topped With Hot Kenyan Mchuzi and Served With Fried Mein
Standardization is cheap, and localization is cute and appealing. What consideration should the multinational organization or international business operator keep in mind when deciding the nature of their commodity production (standardization versus localization)?
Can the mix and match—some features from your local market mixed with features foreign markets prefer—work? Provide examples of producers using their commodity that their local market prefers but made modifications that foreign markets love.

I like mean bosses, long working hours, low pay, and a loving team!
Many business theories and practices are taught around the world to business students in the same fashion. Still, cultures persist in practice. Pick a country and discuss what cultural factors you will consider when you determine the structure of your company and the communication channels. What factor(s) do you believe is/an the most important for any organization (and people who operate within it) in the selected country? And why?
How many colors should you have in your structure?
What are the long-term benefits (higher market share and more profits) of incorporating diversity and inclusion for an organization that is doing business internationally?
How should the structure of an organization, which is owned by foreign investors, reflect the texture and preference of the work force in the market that it operates in?

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