Question: THIS QUESTION HAS SEVERAL PARTS. READ CAREFULLY AND ANSWER ALL PARTS FOR FULL CREDIT. You are an executive in a US domestic business that makes

THIS QUESTION HAS SEVERAL PARTS. READ CAREFULLY

THIS QUESTION HAS SEVERAL PARTS. READ CAREFULLY AND ANSWER ALL PARTS FOR FULL CREDIT. You are an executive in a US domestic business that makes one of the following products or services and you are considering expanding internationally: Computer chips: A highly complex process requiring a sophisticated technology and skills based on highly guarded designs. Software development and consulting services: Highly skilled workers involved in large complex projects. Machine parts: Standardized products for sale to other manufacturing businesses (e.g., ball bearings). Soft Drinks: Simple processes using closely held formulas to sell either ingredients (e.g., syrup) or fully bottled products. Select any ONE of the above businesses Choose ONE of the options below. State which company and option you selected. DO NOT DO BOTH OPTIONS. Note that understanding the business is not critical so state any key assumptions about the business that are required for your decision making: Option 1: Describe the steps (at least five) that one would take to sell the product or service internationally (i.e., globalization of markets). Discuss the types of information needed to support the decision-making process. Discuss the advantages and disadvantages of the decision made. Consider how these decisions may change over time. For full credit, use some of the facts learned in about your Country/Company report to determine if your Country would be a good market for expansion. Option 2: Describe the steps (at least five) that one would take to evaluate whether to distribute the production process to one or more foreign countries or maintain production in a central location (i.e., globalization of production). Production of services means conducting a project in a foreign country with either US or foreign employees. Discuss the advantages and disadvantages of the decisions made. For full credit, use some of the facts learned in your Country/Company report to determine if your Country would be a good location for either centralized production or for one of the distributed production locations. PLEASE NUMBER YOUR STEPS 1 THROUGH 5 (OR MORE)

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