Question: Based upon the data provided in the above table, develop International Market Entry Plans for 1 of the top 10 commodities listed in the table

Based upon the data provided in the above table, develop International Market Entry Plans for 1
of the top 10 commodities listed in the table above and identify your Market Entry Strategy for
it. For this commodity choose a specific product and specific country you plan to export it to.
You can use Stats Canada, Canadian Export or any other data source to obtain more information
about this commodity as well as new market you plan to sell to.
Part1:
You will need to provide detailed plans for exporting the commodity you have chosen to a
specific market based upon an International Market Entry Plan you have created for this specific
market. You can document your international business plan in 1000 words or less. Use any
format that you find easy to use including what was shown for this activity in class during this
semester. You will be graded for this deliverable based upon quality of the plan which includes
all the relevant information and appropriate details and references.
1. Mineral fuels including oil: US$69.1 billion (17.7% of total exports)
2. Vehicles: $46.5 billion (11.9%)
3. Machinery including computers: $28.9 billion (7.4%)
4. Gems, precious metals: $23 billion (5.9%)
5. Wood: $13.5 billion (3.4%)
6. Plastics, plastic articles: $12.4 billion (3.2%)
7. Electrical machinery, equipment: $11 billion (2.8%)
8. Ores, slag, ash: $9.9 billion (2.5%)
9. Aircraft, spacecraft: $9.7 billion (2.5%)
10. Pharmaceuticals: $8.5 billion (2.2%)
Based upon the data provided in the above table, develop International Market Entry Plans for 1
of the top 10 commodities listed
1. Mineral fuels including oil: US$69.1 billion (17.7% of total exports)
2. Vehicles: $46.5 billion (11.9%)
3. Machinery including computers: $28.9 billion (7.4%)
4. Gems, precious metals: $23 billion (5.9%)
5. Wood: $13.5 billion (3.4%)
6. Plastics, plastic articles: $12.4 billion (3.2%)
7. Electrical machinery, equipment: $11 billion (2.8%)
8. Ores, slag, ash: $9.9 billion (2.5%)
9. Aircraft, spacecraft: $9.7 billion (2.5%)
10. Pharmaceuticals: $8.5 billion (2.2%)
Based upon the data provided in the above table, develop International Market Entry Plans for 1
of the top 10 commodities listed in the table above and identify your Market Entry Strategy for
it. For this commodity choose a specific product and specific country you plan to export it to.
You can use Stats Canada, Canadian Export or any other data source to obtain more information
about this commodity as well as new market you plan to sell to.
Part1:
You will need to provide detailed plans for exporting the commodity you have chosen to a
specific market based upon an International Market Entry Plan you have created for this specific
market. You can document your international business plan in 1000 words or less. Use any
format that you find easy to use including what was shown for this activity in class during this
semester. You will be graded for this deliverable based upon quality of the plan which includes
all the relevant information and appropriate details and references.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!