Question: Write a proposal to High-Tech Tools, Inc.s executive team. The proposal will advise the CEO of a potential export country based on the concepts learned
Write a proposal to High-Tech Tools, Inc.s executive team. The proposal will advise the CEO of a potential export country based on the concepts learned and research Your proposal should start with a one-page executive summary that provides a concise overview of the key points of your paper. The main points of your paper must address the following: Present an executive summary that identifies a new export country.
Describe the benefits of exporting hi-tech equipment to the chosen country from the perspective of international trade theories and economic agreements.
Explain any advantages or deficiencies in transportation, communication, or utilities infrastructure in the selected country that may affect international logistics operations.
Conclude your proposal with an informed decision regarding exporting to the chosen country based on your presented data.
This assignment aims to demonstrate an understanding of exporting as one of the entry modes into a foreign market and, thus, designing a successful global supply chain management strategy that executes the exporting plan. Critical thinking is required to differentiate between the benefits and challenges of exporting.
High-Tech Tools, Inc. is a company based in Otay Mesa, California. Among other high-tech equipment, the company specializes in manufacturing of the hand-held radar speed gun, a device used to measure the speed of moving objects. The radar speed gun is mostly utilized in law enforcement to measure the speed of moving vehicles. It is also often used in professional sport for measuring bowling speeds in cricket, speed of pitched baseballs, and speed of tennis serves. The company has seen a clear trend in the competitions exportation of similar goods around the world. As the international logistics manager for this company, you have been asked by the chief executive officer (CEO) to help identify a foreign country where High-Tech Tools Inc.s export sales of radar speed guns may become successful.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
