dis 1

Guided Response: Respond to at least two of your classmates by commenting on their posts with constructive comments that move the conversation forward. Though two replies are the basic expectation for class discussions, for deeper engagement and learning you are encouraged to provide responses to additional students and to respond to any comments or questions from other students. In addition, responding to the instructor’s questions or comments is mandatory. Continuing to engage with peers and the instructor will further the conversation and provide you with opportunities to demonstrate your content expertise, critical thinking, and real-world experiences with the discussion topics.

Sydney

InkWorks SWOT Analysis:

Industry: Screen Printing/ Retail

Company Name: InkWorks

Host Country: Ghana

Structure of Venture: The purpose of this company provide clothes at a discounted rate for people in Africa.

 

Strengths:

-Provides jobs for African families in need

-Screen printing and clothing will always be in need across the world

-Low overhead/large profit margins

 

Weaknesses:

-Initial startup costs is expensive

-Language barriers while training new employees

-Inexperienced labor pool

 

Opportunities:

-First company in area/room for lots of growth

-Global recognition

 

Threats:

-Competing retail companies worldwide

-Differences in laws and regulations

 

References:

Ayres, C. (n.d.). 12 Advantages and Disadvantages of International Trade. Retrieved from https://vittana.org/12-advantages-and-disadvantages-of-international-trade (Links to an external site.)

Daniels, J. D., Radebaugh, L. H., & Sullivan, D. P. (2018). International business: Environments and operations (16th ed.). Retrieved from https://www.vitalsource.com/

 monika

Industry- Lodging Industry

Fictional company name- La Perla Luxury LLC 

Host Country- USA 

Strengths  Ability to provide a boutique hotel guest experience centered on guest satisfaction. Due to hotel size, location access can be easier to obtain.	Weaknesses  Finding the dedicated staff to carry out the level of guest service needed to provide excellent guest service.
Opportunity  Most boutique hotels are located in either a city destination or resort destinations. This means that the opportunity for full occupancy is great.	Threats  Funding for new construction in the US and abroad. As times change, companies such as AirBnB emerge and definitely create competition for hotels.

 

The lodging industry, although continuously growing and promising, is a difficult industry to survive in. A boutique hotel owner, specifically, has the ability to provide a hotel environment unique to a standard hotel franchise chain. Although being able to hire the appropriate staff might be a challenge, once acquired, the boutique hotel will be a success. There’s a great variety in being able to decide the location of the boutique hotel due to the many cities and resort destinations in the US and worldwide. Funding has to be the biggest hurdle when planning to open and operate a hotel. Deciding between taking over a pre-existing building or a new construction can be a tough choice. A current trend amongst people right now is AirBnB lodging. Becoming definitely more accessible, these properties have become competitors of hotel facilities.  

 

References 

Anhar, L. (2001, December 12). The Definition of Boutique Hotels - Written By: Lucienne Anhar - HVS International. Retrieved from  https://www.hospitalitynet.org/news/4010409.html (Links to an external site.) 

Daniels, J. D., Radebaugh, L. H., & Sullivan, D. P. (2018). International business: Environments and operations (16th ed.). Retrieved from  https://www.vitalsource.com/ (Links to an external site.) 

Jones, M. F. (2014, March 13). What Does It Take To Start A Hotel? Retrieved from  https://www.forbes.com/sites/quora/2013/02/28/what-does-it-take-to-start-a-hotel/#10b33fc76452 (Links to an external site.)  

 

Nadine,

Thank you for your post. After reading it, I am curious if you think that a telecommunications business in another country would be viewed as many other telecommunication systems? For example, there are many people that complain about the fact that when they receive a phone call or need to call customer service, that they are unable to understand the person that they are speaking to. Do you think that this would be a problem?