In International Business and offshoring, countless executives complain that Chinese factories deliver the wrong products, defective materials, items not made to specifications and shipments delivered late. There are horror stories of knockoffs and counterfeit pieces. “We hired a firm to make our staplers, and now the factory is selling staplers directly to our clients!” Here […]
Archive for January, 2012
http://internationaltoolkit.com Free International Business Podcast. How to avoid mistakes abroad, and enter new markets. The podcasts are funny, packed with information and free!
http://lemonaderadio.com Business Talk Radio at it’s best Want to try some lemonade at The Lemonade Stand? Step right up for a sip of the good stuff. That’s right folks, we’re offering a taste of what we’ve got and it’s yours for the taking. If you purchase an episode, it is on .99! But now you […]
the article on entering international markets continues, part 15 So now that you’ve finished the article, what is the process? Mode of entry (MOE) should be carefully determined. The determinants are: The Host Firm’s • Current business model • Access to capital • Attitude towards risk • Pay back rate and period The Market’s • […]
the article on entering international markets continues, part 14 STRATEGIC ALLIANCES: An often-overlooked mode of entry is the strategic alliance. This is typically a business relationship where similar companies combine efforts to get a better price on materials, perform research and development, collaborate on marketing or distribution, or seek new business. A good example of […]
the article on entering international markets continues, part 13. MANAGEMENT CONTRACT: when one firm provides management in all or specific areas for another firm, in exchange for a fee. Hilton Hotels, for example, provides management services for non-owned overseas hotels that use the Hilton name. In return, Hilton probably earns a fee that is a […]