1.Trade Stats Express is a service of the International Trade Association at the website http://tse.export.gov/. This site includes national and state data, allowing you to drill down to specific information regarding trade. Pick a state to research. Identify the top five products exported by that state and comment on why you think that is the case. What economic theories of international business apply?
2.As a young executive with Excel, Inc. you were recently promoted to Latin American Country Manager for the region that includes Mexico, Venezuela, Colombia, Peru and Chile. This region encompasses the most important production facilities for Excel, Inc. with seven production facilities and over 12,000 employees.
As a student of international business you learned about Geert Hofstede. How should you alter your management style based on Hofstede’s four value dimensions?
3. Consider that you are working in the marketing department for an international company that is analyzing market opportunities within the European Union. For the most recent year for which data are available, what are the five EU member countries with the highest real gross national income (GNI) per capita? For the same year, what are the five member countries with the lowest real GNI per capita? Find similar data for EU members from 5 years earlier. Which country has had the highest percentage increase in GNI per capita? Which has had the lowest?
4.As the board meeting at AstaCom, Inc., a provider of internet services based in St. Louis ended the mood was upbeat about the expansion into the Latin American market. Although the meeting was upbeat as Vice President of International Operations you have a funny feeling that the board has not thought through all of the potential scenarios for your expansion. In order to document and better understand your fears you gather your team to discuss all the possible outcomes into this new and dynamic market.
In general terms (but specific to this case) please discuss the potential scenarios for your company’s expansion.
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