Homework

profileBeah_0

1. Trading with China is an interesting situation. China is often the supplier of steel for many major American construction projects, although the steel is considered sub-par by many. However, it is very difficult to sell to China. Additionally, an issue with returning to a market years later is the market will have changed in the years since you exited. For example, if you exit a market like one established in China and decide to go back with the same or similar product, you now have a culture and economy that is very different now. Maybe there is more competition in the market now and your product may not be viewed the same. In addition, setting up a new distribution channel could be a big challenge. The world changes over time and what works in one area at one time may be completely different just years later.

 

2. 

 

 
 
American fast food, music, and movies have become popular around the world with little product adaptation, whereas U.S. retailers, banks, and beer companies have had to adapt their products more to global markets. Why?
    • 7 years ago
    • 5
    Answer(1)

    Purchase the answer to view it

    blurred-text
    • attachment
      beah_0_3_24_17.docx
    Bids(0)