Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Lesson 7 Forum

Lesson 7 Forum

Q This discussion is concerned with the strategic options for entering international markets. Question: a) Identify a successful product or service sold by an American company in the U.S. b) Identify a country where this product or service is not yet sold. c) Suppose the American company you selected now wants to sell its successful product or service in the country you identified. In your opinion, which of the six strategic options for foreign country entry would be most successful? Why? As a reminder, the six main strategic options for foreign country entry are: 1-exporting, 2-licensing, 3-franchising, 4-establish a subsidiary via a local acquisition, 5-establish a subsidiary by creating a greenfield venture, and 6-a strategic alliance or joint-venture with a local partner. To get the maximum points for this discussion, you must make (A) make an initial post to answer the question above and (B) reply to at least one other post. Grading rubric for both posts: Answers to this assignment are subjective. Therefore, I am only grading your posts based on the following objective aspects: • Substantive Thoughts Expressed: Your thoughts and positions should be clearly explained, and you should provide a justification for your arguments. • Length: Initial posts should be at least 5 sentences long. Response posts should be at least 3 sentences long. • Completeness: Your initial post should cover all parts of the discussion question(s).

View Related Questions

Solution Preview

iPhone is a successful product sold by an American company named Apple Inc. in the U.S. North Korea is a country where Apple iPhone is not yet sold because of the complications caused in international trade with trade sanctions faced by this country from America (Goldberg, 2020). If Apple Inc. wants to sell iPhones in North Korea, there must be utilization of a strategic alliance or joint-venture with a local partner in North Korea. This is because the country of North Korea can earn profits because of an organization of the country can collaborate with Apple Inc.