{"id":435083,"date":"2018-05-06T02:35:26","date_gmt":"2018-05-06T02:35:26","guid":{"rendered":"https:\/\/essaypaper.org\/identify-a-new-products-and-or-services-opportunities-according-to-the-beacon-council-south-florida-target-industries\/"},"modified":"2018-10-24T09:07:03","modified_gmt":"2018-10-24T09:07:03","slug":"identify-a-new-products-and-or-services-opportunities-according-to-the-beacon-council-south-florida-target-industries","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/identify-a-new-products-and-or-services-opportunities-according-to-the-beacon-council-south-florida-target-industries\/","title":{"rendered":"Identify a new product(s) and\/or service(s) opportunities according to the Beacon Council South Florida Target Industries"},"content":{"rendered":"<div>\n<p><strong>Executive Summary<\/strong><\/p>\n<p>This should be a about a\u00a02 page\u00a0summary assessment of:<\/p>\n<ul>\n<li>The country\u2019s economic political situation and risks (if any)<\/li>\n<li>The country\u2019s current economic situation, opportunities, challenges and risks<\/li>\n<li>Whether the country represents a good opportunity for your products and\/or services. And, do you recommend entering or not entering the country and market with your products and\/or services?<\/li>\n<\/ul>\n<p>.1.\u00a0<strong>Political environment analysis:<\/strong><\/p>\n<ul>\n<li>Political system and structure<\/li>\n<li>Stability of government<\/li>\n<li>Future political risks, if any<\/li>\n<li>Bribery and corruption risk\/index<\/li>\n<\/ul>\n<p>.2\u00a0<strong>Economic and business environment analysis:<\/strong><\/p>\n<ul>\n<li>Demographics: Population, growth rate, distribution of population (age groups), rural vs. urban, cities vs. villages<\/li>\n<li>Per capita income levels, wealth distribution<\/li>\n<li>Major exports and trading partners<\/li>\n<li>Business environment: Government attitude to foreign investment and trends, ease of doing business, trade regulations<\/li>\n<li>Inflation levels, currency exchange rate; risks of devaluation versus the dollar<\/li>\n<li>Education and literacy levels, availability of skilled labor, labor costs<\/li>\n<li>Membership in regional economic and trading blocks<\/li>\n<li>Legal system: Protection of intellectual property rights, enforcement of contracts<\/li>\n<\/ul>\n<p>.3\u00a0<strong>Industry \u2013 Market Opportunity Analysis for your products and\/or services:<\/strong><\/p>\n<p>Identify a new product(s) and\/or service(s) opportunities according to the Beacon Council South Florida Target Industries-Products\/Services to do business Import-Export with this country that your Company International Doing Business in LATAM Executive team believes will succeed in that country and recommends for market entry. (<u><strong>You cannot pick an existing brand<\/strong><\/u>\u00a0<u><strong>in that country<\/strong><\/u>). Why does the country represent a good industry \u2013 market opportunity for your product and\/or service? Rationale.<\/p>\n<p>.<\/p>\n<ul>\n<li>Industry Analysis<\/li>\n<li>Market Analysis<\/li>\n<li>Market prospects<\/li>\n<li>Current product usage habits<\/li>\n<li>Competitive products on the market in that country<\/li>\n<li>Retail distribution channels<\/li>\n<li>Major advertising media used in the country<\/li>\n<li>Total size of the market and market potential for your product<\/li>\n<li>Target market and demographics for your product<\/li>\n<\/ul>\n<p>. 4\u00a0<strong>Cultural dimensions of doing business in the country<\/strong><\/p>\n<p>This section should be developed with a set of key guidelines for success when doing business in this country \u2013 how some of the cultural habits and differences are likely to impact doing business and the marketing and distribution of your product and\/or service in that country, as well as marketing challenges.<\/p>\n<ul>\n<li><strong>Major religions, ethnic makeup and languages<\/strong><\/li>\n<li><strong>Major sports, recreation<\/strong><\/li>\n<li><strong>Major differences in beliefs, values, customs and behaviors, role<\/strong>\u00a0<strong>of family<\/strong><\/li>\n<li><strong>Unique business customs, etiquette and practices one should be aware of when doing business in that country (time and decision-\u00ad\u2010making, meetings, negotiations, business relationships, dress code, status, gift-\u00ad\u2010giving, etc.)<\/strong><\/li>\n<li><strong>Unique aspects of written, oral and non-\u00ad\u2010verbal communications<\/strong><\/li>\n<li><strong>Describe the country\u2019s culture using Hofstede\u2019s model of cultural dimensions (Power distance \u2013 hierarchy,<\/strong>\u00a0<strong>Individualism\/collectivism, Masculine\/feminine, Uncertainty avoidance, Time)<\/strong><\/li>\n<\/ul>\n<p>. 5\u00a0<strong>Market Entry<\/strong>\u00a0<strong>strategies:<\/strong><\/p>\n<ul>\n<li><strong>Suggest the most suitable market entry mode, e.g. exporting, licensing, franchising, joint venture, wholly-\u00ad\u2010owned subsidiary, etc. Explain rationale.<\/strong><\/li>\n<li><strong>Provide at least 2 recent examples\/case studies of market entry strategies of other multinationals in<\/strong>\u00a0<strong>that country that have<\/strong>\u00a0<strong>succeeded or failed.<\/strong><\/li>\n<\/ul>\n<p>.<\/p>\n<p><strong>6.\u00a0<\/strong>\u00a0<strong>Summary:<\/strong><\/p>\n<ul>\n<li><strong>Most interesting or fun facts about the country<\/strong><\/li>\n<li><strong>Key challenges, risks, threats of doing business in the country<\/strong><\/li>\n<\/ul>\n<p><strong>7. Bibliography\/References:<\/strong><\/p>\n<p>This section will be a listing of all your research \u2013 your sources of information for this Country \u2013 Industry \u2013 Market \u2013 Product\/Service Import-Export Research and Business Plan Report with at least 10 diverse sources, including relevant research using some of the business newspapers, magazines, and online databases from the FIU Library.<\/p>\n<p>You can use this website https:\/\/www.ustradenumbers.com<\/p>\n<p>\u00a0<\/p>\n<h4 style=\"text-align: center;\">&#8220;PLACE THIS ORDER OR A SIMILAR ORDER WITH BRAINY TERM PAPERS AND GET AN AMAZING DISCOUNT&#8221;<\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"14111\" data-permalink=\"https:\/\/brainytermpapers.com\/?attachment_id=14111\" data-orig-file=\"https:\/\/i2.wp.com\/brainytermpapers.com\/wp-content\/uploads\/2018\/01\/get-your-custom-paper.png?fit=380%2C101&amp;ssl=1\" data-orig-size=\"380,101\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"get-your-custom-paper\" data-image-description=\"\" data-medium-file=\"https:\/\/i2.wp.com\/brainytermpapers.com\/wp-content\/uploads\/2018\/01\/get-your-custom-paper.png?fit=380%2C101&amp;ssl=1\" data-large-file=\"https:\/\/i2.wp.com\/brainytermpapers.com\/wp-content\/uploads\/2018\/01\/get-your-custom-paper.png?fit=380%2C101&amp;ssl=1\" class=\"size-full wp-image-14111 aligncenter\" src=\"https:\/\/i2.wp.com\/brainytermpapers.com\/wp-content\/uploads\/2018\/01\/get-your-custom-paper.png?resize=380%2C101&amp;ssl=1\" alt=\"\" width=\"380\" height=\"101\" data-recalc-dims=\"1\"\/><\/p>\n<div class=\"sharedaddy sd-block sd-like jetpack-likes-widget-wrapper jetpack-likes-widget-unloaded\" id=\"like-post-wrapper-139684973-25231-5aee69f5283a4\" data-src=\"https:\/\/widgets.wp.com\/likes\/#blog_id=139684973&amp;post_id=25231&amp;origin=brainytermpapers.com&amp;obj_id=139684973-25231-5aee69f5283a4\" data-name=\"like-post-frame-139684973-25231-5aee69f5283a4\">\n<h3 class=\"sd-title\">Like this:<\/h3>\n<p><span class=\"button\"><span>Like<\/span><\/span> <span class=\"loading\">Loading&#8230;<\/span><\/p>\n<p><span class=\"sd-text-color\"\/><a class=\"sd-link-color\"\/><\/div>\n<p><h3 class=\"jp-relatedposts-headline\"><em>Related<\/em><\/h3>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Executive Summary This should be a about a\u00a02 page\u00a0summary assessment of: The country\u2019s economic political situation and risks (if any) The country\u2019s current economic situation, opportunities, challenges and risks Whether the country represents a good opportunity for your products and\/or <a href=\"https:\/\/www.benedictsol.com\/blogs\/identify-a-new-products-and-or-services-opportunities-according-to-the-beacon-council-south-florida-target-industries\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144,16,145,146],"tags":[],"class_list":["post-435083","post","type-post","status-publish","format-standard","hentry","category-academic-papers","category-academic-writing","category-academic-writing-service","category-academy-management-assignment-help"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/435083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=435083"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/435083\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=435083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=435083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=435083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}