GMS 400 Lecture Notes - Lecture 7: Free-Trade Zone, Foreign Direct Investment, Test Market
27 Mar 2017
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Document Summary
Video - why is everyone mad at n. korea (ballistic - trajectory of the bullet, stats about how they are launched: rockets, missiles). Nuclear weapons - us submarines with nuclear weapon. Scares the supreme leader, there is one scenarios. Determine what has made the produce popular domestically (sources of competitive advantage) Climate, lack of resources, europeans are against fur. What parts of the value chain can be moved (offshoring) or outsourced. How are you setting up or training - for the project. Exporting - selling product from home country production into a foreign market. Direct exporting - the company sells directly to foreign buyers (end-users, distributors, retailers) Indirect exporting - selling through home country agencies e. g. trading houses: two types. Export merchant buys the product from you in canada. Export agent - sells the product overseas for a commission, but does not buy it.
