Final exam IBM 301 International Business Management (25 points) Instructions:
1,250 words are required. Cut and paste is allowed only 30% for quoting some theories, concepts or principles. Beyond this limit can result to low score. Thus, explain it in your own word is recommended.
Submission via MS teams. Due is 22 at 11.59pm
TASKS:
Read the article provided on “The profile” of William Li, the founder of Nio EV car company. Also watch the VDO about it via the link attached.
You are a senior manager of Nio automobile company in China and you are assigned by William Li to consider about market expansion of Nio EV car into other countries. This market expansion strategy will serve local market demand and the economic growth for the company.
Discuss as follows:
-Analyze and evaluate the benefits, costs, and risk associated with doing business in the environments of the following countries. What are the key successes of Nio EV car in different markets.
-China
-Norway
-The next potential market (identify the future market and also analyze and evaluate this new market).
Good luck and have fun
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