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Week 3 IBP project update

Week 3 IBP project update

Q Student teams are required to submit at least 10 pages written report of their International Business Plan at the end of Week 3 Sunday at 11-59pm. This Project update should include the topics listed below. . 1.Course No/Title 2.Team Number and Designated Team Leader 3.Team member names, NU ID numbers. 4.Name of the Assigned Foreign Nation 5.Marketing Objectives/Strategies/Tactics a.Product Price –What is our cost?  What is our pricing objective? How much do we charge?  b.Advertising and promotion – How do we package our product?  How we advertise the product - TV, radio, Internet Web Site, newspaper?  How we promote the product?  What is the theme and message in our advertisements? c.Market entry/outlets – How we enter our market (Export, Wholly Owned, JV)? d.Distribution – Where do we start or enter the market? How and where we move the product?  What is our delivery time?  What is our delivery cost? e.Profitability/volume/image – Why we market? How much profit/loss/volume? 6.List of Cited References and Bibliography (at least 20, as per APA format)

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The coarse and cracked granulated spices are the core products. The fines which are generated from the mentioned coarse or cracked product is the auxiliary product. Various kinds of whole spices are the product of the ingredients like coriander seeds, cumin seeds, whole pepper, Cassia, cinnamon, etc. The main feature of the product is that it is well cleaned, handpicked, and treated meeting stringent food parameters. It is used in the retail packs, industries, cooking, food chain, and medicine as well. Though the spices are used in a smaller volume in the entire food preparation it enhances the flavor and taste enormously. We buy the product as per the demand. Packaging is done in various forms like bulk