Essays on Exporters

Background

The Multifibre Agreement was developed in 1974 and governed the world’s textile sector until 2004 when it was phased-out. The accord inflicted quotas on the amount developing countries could export to the developed world. It was meant to help the developed countries adjust to existing absolute advantage that the developing countries have in the textile industry. The existence of the agreement allowed the Bangladesh textile industry to flourish in the 20th century and early 21st century. It was highly expected that the phase-out of the MFA would greatly affect Bangladesh negatively as the country was highly dependent on ...

The trade and investment relationship between Australia and China demolishes the theory of comparative advantage. According to Adam Smith and Ricardo, it makes sense for a country to focus on the production of goods and services it can do efficiently and purchase goods and services it produces less efficiently from other countries. When this theory is applied to the trade relationship between Australia, a rich country and China, a poor country, we arrive at a paradoxical outcome. The introduction of a free trade regime resulting in Australia-China trading relationship implies that Australian consumers will pay lower prices for imported ...

Significant increases in the national debt, with no relief or plans to deal with the problem, and its effect on the economy An increase in national budget, with no relief or plans to deal with the problem, will result in a deficit, or more spending with less national input. Repercussions for a budget deficit can mean more borrowings for the national government from the private sector, such as the selling of bonds or gilts to the private sector. The debate over the budget deficit has two opposing views. The first one is that the deficit is destructive to the ...

Abstract

When an organization has cash inflows and outflows of foreign nature, the cash forecast for every currency will help during the identification of the currency exposures. The format of the estimation should allow the users to determine the balance for every currency and whether there is a growing shortage or extra money over time based on reasonable cash flows. The increasing gaps between the cash inflows and outflows may need hedging, and the cash flows that offset over time represents the issue of timing effectively. The management of foreign exchange transaction can be achieved through the offsetting transactions to ...

Introduction

Exports can be seen as a mechanism for economic growth of a country. Increased exportation of products can provide output growth directly as part of aggregate output. An increase of foreign demand of products can result in a country’s growth through employment and additional income for exporters. Another significant contribution of exports is that it can impact economic growth by way of “efficient resource allocation,” including more economies of scale and technological change as a result of “foreign market competition” (Helpman & Krugman, 198; Ben-David & Loewy, 1998 as cited in Awokuse, 2008, p. 593). One of the drivers for ...

China’s Economic Trends

China is an emerging economy with a GDP of $13.98 trillion and a per capita income of $10,165 (2016). The Chinese economy the biggest after U.S.’s by GDP and the largest by purchasing power parity. China is considered a tiger economy because of its rapid economic growth during the past three decades and has recorded an average growth rate of 9.91% between 1979 and 2010. Currently, the economy is growing at an average annual rate of 6.7% (Wildau and Mitchell). In the past few years, China’s market for wine has expanded dramatically. Wine consumption is a ...

Starbucks is one of the most world renowned coffee shop brands in the entire world. The chain has operations from Guam to Saudi Arabia, with a huge supply chain network of coffee growers from around the world providing the beans necessary to continue production on such a large scale. Its first store was opened in Pike’s Place market, which is one of the largest fish markets in the US. Company sales rapidly expanded, and the owners of the Starbucks Corporation were able to go on and make a substantial profit through efficient organization and competitive pricing; most importantly, ...

For this paper, the commodity selected for analysis is tea. The paper will examine the team market on a worldwide basis in terms of supply, demand, price history, market structure, and other relevant economic aspects relating to the commodity. According to World Atlas (1), tea is the second most popular beverage in the world. This implies that there is a huge supply and demand for tea globally. Globally, tea is a major import and export commodity. In most markets such as Kenya, India, and Sri-Lanka, sellers sell their commodity through tea auctions and exchanges. Sellers and buyers organize these ...

1. Introduction The Organization of the Petroleum Exporting Countries – OPEC coordinates and unifies the policies among the oil exporting developing nations. The increase oil production has an impact on the supply and demand side and impacts the prices and incomes of the OPEC countries. The examination will answer the research question what are the effects of increased oil production in the OPEC countries with the focus on the Middle East member countries.

Problem

The Middle Eastern countries with the production of oil impact the international price of oil and also their incomes. The OPEC countries, which are among the biggest ...

Based on the OPEC website (n. p.) the countries with the lowest industry margins, which indicates the profitability for companies involved in retail oil sales are countries of the G7, which have on average lower industry margins as the countries in the OECD. In comparison the average industry margins are lower in the countries of the United Kingdom, Italy, Germany, France, Japan, Canada and United State of America, but also among those there are differences. In Italy, Germany and France the net margins are the highest and in the United Kingdom, France and Canada the lowest.

The high and low prices for a liter of oil have an impact on the consumer behavior

and investment in ...

Working Capital Guarantee Program

Working Capital Guarantee Program allows the exporters to unlock or overcome any working capital hindrance before the shipment of their consignment. Important to note, while the entire program is operated by the commercial lenders, it is backed by Export-Import Bank’s guarantee. This business friendly program allows the exporters to purchase raw materials, suppliers or equipment to fulfill the export orders committed by them. In addition, the funds obtained can be used for positing bids and performance bonds. Many commercial banks have now expanded the authorized channelizing of the funds obtained under the program for the issuance of standy ...

Introduction

The exchange rate has become an integral component of modern economics. Its role stems from its far-reaching effects on the economy of a country, investments, the profitability of firms, and personal finances. Countries have become even more interdependent due to the rapid advancement in communication technologies and the expansion of global trade, which have significantly reduced the geographical distance between both individuals and countries. However, since nations use a broad range of domestic currencies with different values, trading partners must, therefore, rely on currency conversion methods to facilitate global transactions. This paper explores the importance of exchange rate and ...

Introduction

The primary purpose of this paper is threefold: First, is to provide a clear picture of Foreign Investment in Japan. Second, based on the investigation of available literature present an analysis of the performance of foreign firms in the country with a particular emphasis on the possible measures to protect foreign investment, challenges, and investment opportunities. Thirdly, is to assess the future of foreign firms currently operational in the country and the likelihood of other businesses entering Japan in the future. To answer these questions, the discussion presented herein examines the economic situation in the country and the place ...

Q1 China is one of the largest trading partners for the United States and a weak dollar or strong Yuan will has impact. A strong Yuan means that exports from China will be expensive and effectively, US consumers won’t buy from China. However, when the Chinese devalue their currency, customers in the United States will benefit from low prices on imports from China. Furthermore, US tourists visiting China benefit from lower prices (Kaiser, 2011). The disadvantages with a strong dollar include US exporters having difficult time competing with Chinese goods. Secondly, US companies have a difficult time competing ...

Vehicles and Auto Parts Exportation to Canada

Vehicles and Auto Parts Exportation to Canada

Introduction

The products to be exported are vehicles and auto parts. They are being exported to Canada. A large percentage of imports in Canada come from the automotive imports originating from the United States. Canada spends an estimated 19 billion dollars on importing automotive from the United States (Transport Canada, 2016). Also, three quarters of the cars being used in Canada are imported from the United States. It means that Canada has a large market for the automotives. A larger percentage of the companies in the automotive industry comprise of assembling firms. The ...

BUSINESS IN EMERGING MARKETS

Introduction The theory of natural resource curse can be founded back from the 1970s. Resource curse has been an important topic for researchers since two subsequent decades; multiple research efforts have proposed the association between the production of resources, numerous socio-political ills, and, economic underperformance. The role of natural resources in the growth of the economy has been a question of immense debate. If the role of natural resources is considered in common sense, then economic growth theories propose that natural resources are the gift and economies through building their capital can grow economies. However, if the revenue spending ...

This paper will cover oil price dynamics for the period starting from 2005 until the present moment of time. Exact price dynamics will be considered as well as a variety of factors influencing the oil price through the above mentioned period of time. The chart showing the dynamics of crude oil barrel price since 2001 is presented in fig. 1. Figure 1. Dynamics of crude oil price per barrel for the period between January 1, 2001 and April 19, 2016 (Trading Economics, 2016). Before the period, which is the subject of this paper, the oil price had been nearly ...

Company Background

Alibaba Company was founded by a former Chinese English teacher, Jack Ma, together with other eighteen partners, in 1999. Way back from its founding, the corporation was sustained by a belief that, within the global and the domestic economy, the internet would allow upcoming businesses to influence technology and business innovations to compete fully and develop. Since the unveiling of the company's first website which assisted entrepreneurs, exporters and manufacturers carry out international sales and marketing processes, the company has taken the lead in mobile and online commerce. In contemporary e-commerce marketing, the corporation and its associates manage and ...

BUSINESS FINANCING

Introduction Business owners and managers seeking financing encounters an essential decision regarding choice of whether to borrow money or to make use new equity capital. Given that equity and debts have very varied characteristics, each of them has different effect on cash-flow, earnings, and taxes as well as on balance sheet. They also have different impacts on any company`s dilution, leverage as well as a host for other financial metrics by which companies are measured. Lastly, each business financing options presents a different kind of relationship in relation to the financing source. Thus, a company`s plan on ...

China and South Korea signed a bilateral free trade agreement on 1 June in the year 2015, and the major aim of the trade is to eliminate around 90% of import tariffs, which will substantially boost trade between those regions. The trade between those two regions always had quite big volumes. The discussions about the agreement began in the year 2012, when the China-South Korea trade constituted around $215 billion. The expectations state that with the signing of this free trade agreement, the trade will significantly increase and the volumes will exceed $300 billion. This agreement includes various spheres ...

Article Summary

The US alfalfa hay has a high demand in China. The high protein content of the hay has made it quite a preferred feed for the cows among the dairy owners in China. Almost half of the alfalfa hay produced in the US is shipped to China. The exports of alfalfa hay to China had reached 785,000 tons in 2013 . But the exports have received a severe blow in recent times. The Chinese authorities have found the imports of hay from USA to contain a genetically modified strain of alfalfa which has not been approved by the government ...

Canada and Vietnam have been trading partners since time immemorial. The first diplomatic relations between the two countries took place in 1973, and an embassy was opened in Hanoi. In addition, the countries also opened a Consulate General in Ho Chi Minh City by mutual consent in 1997 (Government of Canada, 2014). In 1954, Vietnams quit from the International Commission for Supervision and control due to resentments with France. Canada remained a member for over twenty years. The Embassy of Canada is located in Hanoi in Vietnam. On the other hand, the Embassy of Vietnam and a trade office ...

Abstract

Myanmar (Burma) is blessed with a vast variety of renewable and non-renewable resources. Among these resources is the forest resource which is a vital resource for the country due to its support of livelihoods and economic growth. The country is home to the world’s best quality teak which has proven a valuable commodity all over the world. The extensive logging by government authorities, foreign and private companies, and the local people has caused massive deforestation which has led to increased flooding, biodiversity loss, sedimentation of water bodies, water shortage, soil erosion and loss of wildlife species. The country ...

Abstract

The recent activity of PBOC (People’s Bank of China), the devaluation of Yuan with respect to dollar, is often seen as one of their strategic measures to boost the poorly performing export industry of China. Many international exporters from outside of China have been severely hit by this move as the costs of Chinese products declined tremendously. This incident is proves that international markets are always clouded by numerous risk factors such as the one mentioned above. But that should not be deterrent for businesses trying to venture into international trades. In most of these cases, speculative business ...

Malaysia is internationally recognized for its economic performance and the currency crisis it went through in the year 1997. Malaysia is seen as a success story and recognized for its successful management strategy. Prior to the 1997 economic crisis, Malaysia had experienced a recession in the 1980s that led to a negative GDP in the year 1985. Malaysia, however, reversed this negative growth by the year 1987. Malaysia proceeded to grow economically from 1987 through the 1990s up to the year 1996.

In the year 1997, the currency crisis hit the country though it still recorded economic growth in GDP. From ...

a) Why the OPEC oil cartel succeeded in raising prices substantially while the Intergovernmental Council of Countries Exporters of Copper (CIPEC) copper cartel has not.

The Organization of the Petroleum Exporting Countries (OPEC) has succeeded in raising the price of oil substantially. For example, during the 1970s, the oil prices were increased by over 700 percent and this made the exporters of other natural resources imitate the OPEC model including the Intergovernmental Council of Copper Exporting Countries (CIPEC). However, CIPEC, unlike OPEC has failed to increase the price of copper. A number of reasons can be attributed to OPEC success including its control of about 76 percent of the world’s oil supply (Levenstein & Suslow 2006). Moreover, Oil has inelastic demand because it ...

Introduction

For numerous decades, oil has been an important source of the commercial energy throughout the world. The oil industry has always been a vitally crucial industry due to its contribution to the global economy. For this reason, oil is in high demand at all times. Just like the other commodities, the price of oil is determined by the market forces of supply and demand. The oil price fluctuations greatly affect the national economies differently. For instance, while the net exporters of oil suffer economically when the prices decline, the economies of the net importers benefit. Consequently, as one of the ...

Introduction

Globalization has opened up borders and rendered it possible for globally competitive companies such as Khmer Foods Group (KFG) to leverage the best that this new reality presents. However, mounting global operations necessitates managing difficult geopolitical, regulatory and cultural challenges, which, fortunately for KFG, should not be a challenge, given the company’s long experience and high standards. This report gives a detailed account of Brazil’s business environment, and assessment of its suitability for KFG’s purposes. The report includes an analysis of the economic, political, legal, cultural and ethical factors relevant to KFG’s possible operations in the country, ...

Recent U.S. BOP Performance: Is the Sky Falling?

In the case, the sky is falling has two theories that involve the statement that US economical industries are non-competitive in the international market and foreigners are taking the step of buying assets in the US which are valuable and making a country a debtor in the history of world economy. In this condition, everything seems so wonderful from the top, which also has a meaning, that foreigners are much fascinated with the US market’s future prospects. It also depicts the democracy of economy that the investors are eagerly investing in US ...

Business operations are usually subject to various forces including the external factors that businesses have no control over. In that respect, businesses need to devise suitable strategies as a means of responding to the forces’ influence. That is applied as a means of enhancing firms’ performance and sustainability. With that view, this case analysis seeks to demonstrate how a region or a country’s economic aspects affects industries and businesses in terms of performance, value and strategies.

Synopsis and objectives

International trade is a key focus for countries in their bid to enhance growth and embrace globalization. In that respect, trade liberalization is increasingly becoming a crucial tool ...

Introduction

Indonesia has established itself as one of the world’s largest producers of furniture and handicrafts not only in the Asian region but also globally. Since 2006, the country has ranked among the top 10 exporters of furniture with countries such as China, Canada, Mexico, Italy, Taiwan Vietnam and Malaysia (Trade Research & Development Agency, 2008). The country has abundant natural resources required to sustain production of furniture. It is the world’s largest producer of Rattan (a type of climbing palm used to make furniture) (Trade Research & Development Agency, 2008). There are also several varieties of wood such as teak ...

- Globalization and burgeoning technology/innovation that shrink product-life-cycles, coupled with global competitor’s quality and price, brings goods to the USA adding to 80-90% mega-competition for most consumer goods sold in USA, compared to <25% in 1950’s. Equally, global companies compete severely and challenge US firms abroad. - The U.S. and Eurozone economies play major roles in the world economy and are crucially important for each other’s prosperity. The two sides combined account for around 40% of world GDP, over 25% of world trade, 60% of world foreign direct investment flows, and 60%-70% of ...

Abstract

The analysis is in the favor of the Qatar region as far as enhancing the export composition is concerned. This is also found from the analysis that the composition of goods have been changed exceptionally well from 1998 to 2014, and it has been analyzed accordingly in this entire analysis. It will be a perfect choice for the country to comply with such things in the future as well.

Introduction

The term economics have many faces and concepts, and every concept of economics is essential for the concerned authorities to get information regarding this particular concept. Adam Smith and Alfred Marshall ...

[Author Name(s), First M. Last, Omit Titles and Degrees] [Institutional Affiliation(s)]

Introduction

This research paper will analyze the impact of domestic sales on an exporting nation. The nation for this survey is Spain. There is an escalation in the number of firms in Spain. These firms trade in the international market. This statistics is on the rise since the past three decades. This quick rise in international business in Spain is promoting competition in international and domestic markets. The relationship between the domestic and international demand of goods affect the nation's economy majorly. The entry in international ...

Organizations are groups of people who work closely together with an aim to attain some purpose i.e. they have a collective sense of purpose. Behavior, on the other hand, is the response of a person or people to an action, environment, an individual or a specific event. Organizational behavior is the study of how staff members of the organization think, respond, act and feel within the confines of the organization (Stone & Marsden, 2001). Workplace practices influence prospective of human capital. Human capital entails workers skills; knowledge and other abilities that provide competitive advantage by helping uncover opportunities and reduce threats. The study ...

Business

The U.S.-Vietnamese Catfish Dispute The U.S.-Vietnamese Catfish Dispute - Advantages and Disadvantages for the U.S. to protect its Catfish Industry There are some advantages for the U.S. to protect its catfish industry by imposing an extensive inspection on imported catfish from Vietnam. Primarily, the domestic catfish growers in the U.S. will have a bigger profit as the importation of catfish from Vietnam will be limited. It was also proposed that the imported fish must have different names than those fishes that are sold locally. This is to comply with the consumers’ right to know what he or ...

Starbucks

Howard Schultz Howard belongs to a humble background and began his coffee career with Starbucks coffee company in 1982. In 1982 it was solely a retailer company, on his trip to Milan he was inspired by the large number of coffee bars in Italy. After returning from the tour he presented the idea to board of directors but was rejected. After two years he resigned from the company and started his own coffee bars with the name, “II Giornale.” After two years Howard purchased the name and assets of Starbucks and renamed all his outlets Starbucks. According to Orin Smith, ...

The theme of non-tariff methods of protectionism is still being actual nowadays with the methods of antidumping, subsidy and the methods of hidden protectionism because they obviously can protect the domestic markets from the unfair pricing of the trade with foreign suppliers, which can cause unsatisfactory impact on the domestic economy. The topic of this research is how dumping is presented in real economic life of the specific country and how the Government fights with it. The country of my research is Vietnam and this country is quite interesting in its dumping and antidumping procedures. Obviously, there are ...

Essay Questions

- NAFTA and the EU NAFTA (North America Free Trade Agreement) was established on January 1st, 1994 between the United States, Mexico and Canada. All quantitative restrictions and duties were eradicated as planned on January 1, 2008. NAFTA established the largest free trade area of the World that currently links 450 million people producing $ 17 trillion worth of products. On the other hand, EU (European Union) was established in the late 1940s after World War II in an attempt to consolidate the countries of Europe. It is an economic and political union between countries which make its own ...

Business services hold an importance and strategic position in the in the UK economies. The business services contribute to the productivity and the employment sectors of the economies. It further increases the competitiveness of the UK within the European's industries. When the competitiveness of the business services increase it will help to improve the quality, lower the costs and to adapt to the global economy and technology. In UK, about 10% of the employment is directly contributed by the business services, and this does help in the creation of jobs and wealth at the same time triggering growth of ...

WORLD AFFAIRS

Economic sanctions in the form of trade restrictions hurt Chinese exports considerably. Anti-dumping legislation forced the Chinese government to adhere to international trade practices; else, face economic sanctions, which could hurt Chinese businesses in a big way. How does anti-dumping legislation arise? China, recipient of huge Foreign Direct Investment (FDI), was able to create job opportunities for their citizens by encouraging foreign investors to bring money into the country, and start their production units there. In return, the Chinese government provided cheap land, subsidiaries, tax exemptions, cheap electricity and so on, which were highly attractive to investors. Industries grew, ...

International Marketing

Executive Summary This paper will focus on evaluating the Palm oil industry in Malaysia and Indonesia, the biggest exporter of palm oil. It will also discuss the Sentek Technologies in terms of international marketing operations. This will be coupled with the growth of the industry and particularly international markets as well as the market issues that may impact the business. Additionally, the paper will bring out the consumer and business trends in the marketing and distribution of products or services. The final part will discuss professional development steps to a secure role within the industry or company.

Introduction3

Industry..4

Company.4

Why ...

International Sale Documents

Introduction Right paperwork and documentation during importation and exportation is very crucial. Inaccurate or lack of documents can lead to many inconveniences that may include delays, increase in trade costs and rejected deals. When participating in international trade, it is crucial to ensure the right documentation is applied. The correct type of documentation plays a very significant role in both receiving and making payments. By following the right paperwork, the risks facing the customer paying for the goods are reduced. The risk of the supplier failing to deliver the goods or services is also reduced. With the right documented ...

Introduction

Foreign Direct Investment (FDI) refers to a direct investment that is induced into business or production within a given country by a company or an individual in another country, and this can either take the form of buying a company within the country of target or expanding the operations of a business that already exists within that country. Moreover, this foreign direct investment may also include building of new structures, intra-company loans, mergers and acquisition, and reinvestment of foreign earned profits.

Summary from Kalirajan, Prasad & Drysdale (1-20). For two decades ago, China and India have become foreign direct investment destinations for many multinational ...

International Markets Selection

The wine industry, on the global front, has encountered some astounding swings in the course of recent years. Global players, notably documented in several research works, and headed by Australia have risen as major exporters. Universal European exporters have battled to acclimate to changing economic situations, and face the danger of developing rivalry from eastern European countries joining the European Union. As the Swedish economy develops, its craving for foreign nourishment and wines also takes a major stand in line with influencing the international markets. However, various approaches inside the different organizations have all the earmarks of being equipped towards ...

Indian Rupee value against U.S. Dollar is hitting all time low. For past few months a significant down fall has been noticed in the value of Indian rupee. In the month of August value of rupee against USD reached to 68.8 by touching all time low. Reserve Bank of India took several steps to control the down fall of rupee in order to protect economic balance. This paper intends to discuss causes and effects of Indian rupee depreciation. The paper will further elaborate benefits of depreciation to Indian economy, internal and external factors, and necessary measures, to be taken by ...

Business code of conduct is intended to be a central guide and reference for users in support of decision making, it clarifies an organization's mission, values and principles, linking them with standards of professional conduct. Ethical codes do not always prevent unethical behavior but do provide the employees and management team with legal and ethical standards to help influence their commitment and job performance. ‘A code is meant to complement relevant standards, policies and rules, not to substitute for them’ Pang and Guindon (2004, p. 215). People, goods and services continue to freely move across the borders thus creating challenge ...

In the current competitive global economy with increased globalization, international trade continues to play an imperative role in the US, as well as other global economies. The US has the most diverse and productive economy globally due to its engagement in the international trade. Although the majority of the US citizenry does not recognize the importance of international trade due lack of direct impact on their daily lives, it plays an essential role in the economy. For example, it is estimated that a combination of foreign direct investments and international trade comprise a third of US economy. International trade plays an ...

The United States Commercial Service is an arm of the U.S. Department of Commerce’s International Trade Administration that aims at promoting trade. It is made up of professionals from more than 100 cities across more than 75 countries worldwide. One of the major goals of this service provider is to assist companies in their first steps as they get started in exporting. It also helps them increase their sales to new global markets. The United States Service uses the Government’s export portal as its main online resource. It provides information to clients exporting their goods. It also ...

CHAPTER 8: TARIFFS VERSUS QUOTAS

INTRODUCTION The main concern of this study is to determine the better option between quotas and tariff for US for importing goods from Japan. The impacts of both quota and tariff on the US economy along with the impact of all foreign imports on the domestic production in terms of industry competition is central idea of the study. Tariff: The amount of tax or duty that is to be paid to the government on the particular class of imports and exports.

As discussed in this case the quota if imposed on the imports of television from Japan ...

Introduction

Trade was one of the most important economic activities of the ancient civilization. Initially trade was mainly conducted on land .As the scope of the activity expanded with time, another mode of transportation; water transport started to become gradually important and started to attract the attention of commercial enterprises. As this mode of transport became more important, there arose a need for the formulation of insurance scheme to protect the water vessels, the passengers, and cargo for the various risks that they faced in this transport mode. Marine insurance is therefore one of the oldest forms of insurance that has ...

Introduction

Trading between nations is very vital for the economic growth of trading partners. Due to globalization nations like Australia have opened their borders and boundaries for trade. Owing to the importance, trade treaties and organizations that promote fair treatments for trading partners have been established (Bown, 2011). This has led to Australia exporting live animals. Australia is known as one of the countries that has a vibrant trade on the exportation of live animals. Research reveals that this trade has brought about large amounts of revenue to the country. Moreover, it has created employment. Statistics of 2009 shows that Australia ...

Abstract

This paper explores such questions as the definition of letter of credit, its type, the use of these types ate mentioned. The point of using letter of credit is studied and the work of this mean of payment is described. The advantages and disadvantages of the main types of letter of credit for sellers and buyers are considered. Keywords: letter of credit, issuing bank, advising bank, seller, buyer, bill of lading, commercial invoice. As a very common way of international payments that causes the risks of transactions to be divided between the buyer and seller Letter of credit ...

In any business venture, there are very many micro environment factors as well as macro factors that affect the operation of the business. These factors help determine the life expectancy of the business as well as some of the factors that must be considered before the business venture can be termed a success. In my specific case study, the main issue is a macro factor to the business activity which seeks to explain the effects on a local firm by factors affecting the international markets of products. This issue seems to have great impact on local firms though from a superficial approach it ...

Q.1 Why did the contraction of the US and Japanese economies and the rise in the value of the Yen hurt Sony’s exports from Japan? In the early years of operation, Sony had the luxury of operating in a currency that was not only weak against the dollar, but also highly controlled by the government. Japanese foreign exchange policies favored companies and industries that the government wanted to succeed, especially in export markets. The strong Yen was due primarily to a strong Japanese economy, large trade surpluses and the largest-foreign exchange reserves in the world. Japan also had low unemployment, low ...

[Month Date Year]

Who gets what from Middle East Oil? The Middle East countries are a boon to all the developed and developing countries because they possess the necessary wealth required by all countries, the Oil. Many of the world’s reserves are possessed by the Middle East. It is assumed by the other countries that the Middle East oil producers must obtain the maximum possible price for producing the oil and gain control on this industry. There are many countries that benefit from the production of the Middle East oil, like the Syria and Egypt receive the payments for the pipeline ...

Executive Summary-1 Page 2

Introduction-2. Page 3Company and Product Background-3. Page 3Comparative country and product Market Attractiveness-4 Page 4 4.1 – Macro Page 4 4.2 – Product Market Analysis Page 6 4.3 – Competitive Analysis Page 6

Entry Strategy-6 Page 7 Marketing Objectives-7 Page 8 Recommendations for the 4 p’s of the marketing mix in Hong Kong-8 Page 8 Conclusion Page 11

References Page 13

1. Executive Summary With environmental changes taking place in the globe, global marketing has been subject to rapid development thus requiring full attention on the approach to use. This report focuses on analyzing various ways and elements ...

Introduction

Market research is regarded as a vital component of business strategy in terms of conceptualizing ideas that will allow the company to identify key areas such as trends, segments and behavior. However, research encompasses a broad spectrum of practices that determines its relationship to the business decision making process particularly in marketing mix adjustment when planning to penetrate a foreign market. Research is divided into two categories, marketing research and market research; they represent two sides of the same coin because both serve the same purpose. Both categories provide formal analysis of access, products and services recognition of classes and quantitative demand. ...

The article that will be reviewed in this essay is “China: How its slowdown will affect the U.S.”. Pine talks about how the economic slowdown will impact the U.S. economy. He points out that in the second quarter of 2012, China registered a growth rate of only 7.6%. This figure is a sharp decline from the usual 10% to 12% growth rate which China has experienced since 2008. Although the slowdown is not enough to bring the U.S. to recession, it will still have an effect in the U.S. economy, and for that matter, the global economy too . China is such a ...

Free Trade Agreements: Saudi Arabia

Saudi Arabia’s free trade agreements primarily intend to liberalize the Saudian economy in a way that in essence links Saudi to the external market. With the onset of globalization, governments have undertaken to enter into agreements that allow free movement of both people and goods from one place and another. The Saudian Free Trade Agreements are essentially guided by the World Trade Organization benchmarks. According to the Department of Trade and Foreign relations, trade occupies a central position in the sustenance of Saudi’s economy. Saudi Arabia, though, a developed nation, still relies heavily on imports and to exports colossal amounts ...