Discussions

• Week 1

Please respond to the following:

• Go to https://www.cia.gov/library/publications/the-world-factbook/ and review the countries located there. Select one (1) country to base your discussion posts and written assignments upon throughout the course. It should be one that has special meaning for you and / or one that you are interested in learning more about. Once you choose a country, you will not be able to change it so give it some careful consideration. Only one (1) student per country!
• Explain why you chose this particular country. Why is it important to you (e.g., nationality, origin, and travel experience). Paraphrasing the CIA World Factbook or other reference, describe your country by giving a brief background of its location, a demographic profile that includes population and age structure, and a brief economic overview from 2013 to today.

• Week 2

Please respond to the following:

• The economic systems section of Chapter 2 (after Figure 2-1) discusses seven (7) criteria to categorize an economic system. Using your chosen country from Week 1, describe its economic system based on these seven (7) criteria.

• Week 3

Please respond to the following:

• Identify whether your chosen country is a low-context or high-context culture. Support your response with examples.
• Choose a country that is the opposite context of your chosen country, and support your reasoning with examples.

• Week 4

Please respond to the following:

• Suppose you are opening a shoe manufacturing firm that is going to begin selling shoes (your choice of shoe type: tennis shoes, men’s or women’s dress shoes, boots, etc.) in your previously chosen country. Using the demographic breakdown of your chosen country, choose at least one (1) demographic that you will segment by and identify a minimum of two (2) target markets. Summarize the key reasons why you choose those particular demographic(s) and target markets.

• Week 5

Please respond to the following:

• Go to https://www.wto.org/english/tratop_e/tariffs_e/tao_help_e.htm and review the information on how to research and analyze tariff data. Then, navigate to the Get tariff data page (https://www.wto.org/english/tratop_e/tariffs_e/tariff_data_e.htm). Based on your chosen country (Week 1 discussion), use the Get tariff data page to determine the kind of footwear you wish to import into the country, and identify the appropriate tariff(s) you will pay. Discuss the amount of the tariff you will have to pay.
• Suppose you are five (5) years into exporting shoes to your chosen country, and have decided to try a new global strategy. Compare and contrast licensing and investment in general, and select one (1) for your new strategy. Support your decision with a rationale.

 

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