Diverse Strategies to International Business
Too many kids are good!
There are many approaches an entrepreneur or business can utilize to enter a foreign market. It all depends on the scope of the business, goals, resources needed (material, labor, capital), and, of course, the market itself. In your opinion, what makes a country attractive to international business? And if you were to do business internationally, which country will you chose and why? State what you will produce/market/sell, where, how, and why!
Little COVID Versus Mighty High-Tech Industry
What lessons have you/we learned from the COVID era regarding global supply chain management?
What considerations should a multinational corporation keep in mind when manufacturing all or part of its products internationally?
I have a dream…that really works!
Globalization has brought the world into a state where no single nation could survive on its own as we all depend on each other economically. Stuff travels around the globe constantly to the point that some countries have become specialized in producing and exporting only a few commodities and using the revenue to buy (import) everything else they need. Still, there is a sociopolitical, economic, and national divide that keeps us apart. Yet, COVID taught us a lesson that we (humanity) are all vulnerable and fragile, regardless of how many trillions of dollars we have or the size of our nuclear stockpile!
To be prepared for similar events in the future, do you think a deeper cooperation that involves acceptance, inclusion, and willingness by powerful nations to share is necessary? And how could a multinational corporation or an international business operator benefit from local resources to survive large scale shocks like COVID, climate change related problems, political instability, or a financial crisis?
Answer Preview for Diverse Strategies to International Business
APA
300 Words