economic analysis using metrics, infrastructure and technology, government actions, sociocultural analysis
what are the four sets of criteria necessary to access a country's market
trade deficit
Because the United States imports more goods than it exports, so it operates under a
imports more than it exports
The United States operations under a trade deficit because it
rural areas
You must consider where the people are located. If they are in _______________, that will add to the cost of the product.
location of the population
You must consider the ______________________________________.
Ex. If they are in rural areas, that will add to the cost of the product.
tariffs and quotas
both of these benefit domestically made products because they reduce foreign competition
tariffs
tax, artificially raises prices, lowers demand
quotas
minimum or maximum limit, reduces availability of imported goods
tax, artificially raises prices, lowers demand
what are the details of a tariff
minimum or maximum limit, reduces availability of imported goods
what are the details of quotas
Brazil, Russia, India, China
What are the BRIC countries?
BRIC Countries
What has a great potential for market growth in the global community
direct investment, joint venture, strategic alliance, franchising, export
What are the channels you can use when creating a global entry strategy
Strategic Alliance
The following is an example of:
When Cisco Systems Inc. of San Jose, California, and Tata Consultancy Services of Mumbai, India, entered into a relationship, they both continued to develop market-ready infrastructure and network solutions for customers, b
Sell the same product or service in both the home country market and host country, sell a product or service similar to that sold in home country but include minor adaptations, sell totally new products or services
what are the global product or service strategies