You have been asked by the CEO to join a senior team that has been created to explore the possibility of setting up the firm’s first wholly owned subsidiary outside the United States. The company has been exporting a limited number of products to the region for several years, but as demand has increased, he is considering the possibility of setting up some form of manufacturing operation to reduce manufacturing and distribution costs and get closer to the customer. Even though the CEO has engaged in talks with several economic development groups in the region, he has not yet decided which location would be the best place to enter the market to support the company’s long-term business strategy. The purpose of this project is to investigate the factors of the country so you can make a well-informed decision. You will then complete a SWOT analysis to determine if this would a good investment.
Great site for your research: https://www.cia.gov/the-world-factbook/ . Not all information is on the
above site. You will need to do additional research.
·
Include a brief description of your product.
(What do you do and why do you want to explore this country)
·
Additional topics can include the following of your choice (minimum of 5
must be discussed):
Population
Size
Economic
Factors
Regional
Trading Blocks (Free trade partnerships)
Labor
Force
Legal and
Political Environment
Culture
Infrastructure
(port, road ways, weather)
Air
Transportation
Road
Infrastructure
Waterways
Location
Recommendation and Rationale
Availability
of Land And Labor
Quality
of Local infrastructure
Availability
of Quality Suppliers and Third Party Service Providers
Tax
Holidays & Other Incentives
Quality
of Life for Employees
Logistics
and Supply Chain Management Plan
Planning
and Forecasting Strategy
Sourcing
and Procurement
Supplier
Evaluation
Inbound
and outbound transportation /Logistics/ Outsourcing/3PL Strategy
Carrier
Assignment Optimization
Warehouse/distribution
center /Inventory management strategy
IT
Strategy
HR
Strategy
Last Completed Projects
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