This website uses cookies to ensure you have the best experience. Learn more

Traveling To Thailand Essay

444 words - 2 pages

While traveling to Thailand on a vacation, you meet Ms. Jenny Chang, an Asian business executive, in the plane. She is happy to learn that you are the international business development consultant for a multinational company. She becomes interested in your expertise and asks you to work as her company's consultant for a project involving new business development in Pakistan. Her company has just invented a revolutionary new CAD system for designing and weaving wool carpets that can improve the design and manufacturing productivity significantly. Several patents protect the unique design of this technological system. The CEO has asked you to formulate a recommendation for how to expand ...view middle of the document...

This assignment is analytical in nature. You are expected to demonstrate your ability to convert your theoretical understanding of the modes of international business entry into practical applications. Therefore, I would hope that you will relate all of your answers to the situation in the case or the scene presented and not provide generic text book answers.
Some factors that must be kept in mind to analyze the situation and make your recommendations look practical to your client. As a consultant, you can make some assumptions about the different aspects, such as:
1. What is the nature of the product: brand new high technology consisting of a computerized CAD system. The CAD system that this company wants to promote in Pakistan consists of two major parts: the hardware which is a sophisticated weaving machine, and the software that designs the carpets and runs the weaving machine. How important is it to protect patents and the technology from being copied illegally? How important is the firm's intellectual property? How do transportation costs affect your decision?
2. Where is it being manufactured now: Singapore. What is the level of manufacturing sophistication in this country when compared with the target country?
3. What is the nature of the target market: What are the relative business barriers in the two countries? Demand? Economic development? Legal system for resolving disputes?
Patent protection laws or enforcement of the law? Availability of skilled engineers and workers? Availability of suitable agents or partners?
The consideration of the above factors will allow you to produce an excellent report for Ms. Chang.

Other Papers Like Traveling To Thailand

International Finance Essay

9003 words - 37 pages experienced a higher cost of capital, and therefore a higher required rate of return. Consequently, expected cash flows were discounted at a higher rate, which reduced the valuations of the MNCs. 29. Exposure of MNCs to Exchange Rate Movements. Because of the low labor costs in Thailand, Melnick Co. (based in the United States) recently established a major research and development subsidiary there. The wholly-owned subsidiary was created

Business Trip Essay

2571 words - 11 pages It is highly recommended that company officials visit the countries to examine the markets where they are considering selling their products before any transaction occurs a company can familiarize itself with cultural nuances which may impact the design, packaging or advertising of the product. Moreover, traveling abroad allows one to locate and cultivate new customers, as well as improve relationships and communication with current foreign

Sgflsijdfos

1229 words - 5 pages 32 Somalia 93 Iraq 31 94 Afghanistan 28 Methodology The Henley & Partners Visa Restrictions Index contains the following assumptions: Andorra, Liechtenstein, Monaco, Palestinian Territory, San Marino, Vatican City There are 219 destination countries (territories) in total. The maximum attainable score is 218 (one point is subtracted to account for a national traveling to their own country, with the exception of

A Boeing 777

1691 words - 7 pages CNN) -- A Boeing 777, one of the world's most reliable types of airliners, is missing, and no one knows why. Was it a bomb? Mechanical failure? A hijacking gone awry? Pilots and others in the aviation community are deeply disturbed by the mystery surrounding Malaysia Airlines Flight 370. It disappeared Saturday en route from Kuala Lumpur to Beijing over the Gulf of Thailand, somewhere between Malaysia and Vietnam. It's hard to believe that

Globalization in Healthcare

1191 words - 5 pages worker making minimum wage. Many of the bankruptcy cases filed each year in the United States are often a direct result of high medical care costs. As the demand for medical care continues to increase so will the cost in health insurance premiums (McCallum & Jacoby, 2007). Insurance companies are now offering individuals and families the option of traveling abroad to obtain medical care. Some insurance companies such as Blue Shield and Health

Lee Jun Fan's Life And Accomplishments

1847 words - 8 pages third gung fu institute, having Dan Inosanto, who he met through Ed Parker, as the assistant instructor. While traveling for the year and working with his best gung fu students, Bruce was intensely exploring himself, always setting goals. Bruce hit a period of transition, deciding if he should make acting his career, or continue to open schools around the nation for gung fu. His main reason for choosing acting was because he lost interest in

Overview of Airline Industry

2448 words - 10 pages centre for pilots. These projects will help in long way to cope with the growing shortage of pilots in India. Social Environment In India, before 1990s, traveling by air was considered expensive and luxury mode of transportation. After deregulation in aviation industry several new airlines come up and there was a drastic reduction in fares which was a spur for Indians to opt for air travel. India’s first low cost carrier Air Deccan began with

Management Air Asia

4132 words - 17 pages flies to over 61 domestic and international destinations with 108 routes, and operates over 400 flights daily from hubs located in Malaysia, Thailand, and Indonesia. Today, Air Asia has flown over 55 million guests across the region and continues to create more extensive route network through its associate companies. Air Asia believes in the no-frills, hassle-free, low fare business concept and feels that keeping costs low requires high efficiency

Marketing Plan of Airline Package

5424 words - 22 pages 2.0 Situation Analysis In recent years, the people of Bangladesh have been noticed to be interested in travelling abroad for pleasure trips especially to countries like Malaysia, Singapore, and Thailand. Moreover, the ongoing economic meltdown has forced these countries to reduce the traveling cost to attract more tourists. According to a statistics of Malaysian Tourism Department, they have reduced the travel tax by 25%, overall hotel cost by

A Proposed Re-Start for Italy Without the Euro

4642 words - 19 pages %) and food (6 %)’’ (Trading economics, 2014). As for the agriculture sector, due to high mountainous terrain, large-scale agricultural exports are not possible (but medium/small size crop production is feasible); therefore, forcing Italy to trade mostly its manufacturing sector. Clearly, Italy is not a country that may compete against mass manufacturers countries such as China and other emerging economies in Asia (Vietnam, Thailand); however, it

Managing Change

3074 words - 13 pages fare, no frills airline” along with “ticketless traveling”, Air Asia was able to encourage more Malaysian takes air travel within Malaysia (Kho et al. 2005). Besides, Air Asia also using new marketing strategies to promote its brand name by providing free seats for customer to experience the flight with Air Asia (Phang 2008). Moreover, by applying new working system like Value Chain Analysis, Yield Management System (YMS) and Computer Reservation

Related Essays

Sex Tourism In Thailand Essay

1994 words - 8 pages Sex Tourism in Thailand “Sex tourism is both an economic and political phenomenon. It cannot exist without sources of demand, where these types of transactions are considered to be socially and politically legitimate” (Leheny, D. 1995, p.367-384). Sex tourism is evident through many different forms, but the most popular ways it is evident is through pornography, prostitution, and human trafficing. This trend is one of the main sources of

Fritidsresor Under Pressure Essay

1165 words - 5 pages reimbursement. If Lundgren and Clemens decide to start evacuation plans and the situation over in Thailand is not horrific then the Fritidsresor leadership team has just caused chaos over something rather small. This could get the media interested and it would get out to the public, which in turn could cause customers to be weary of traveling with this particular company. “Lundgren wondered if the only right decision, following the worst

Thailand: Pure Serenity Essay

1056 words - 5 pages calmer and puts you in a better mood. Surrounded by the peacefulness and quiet of nature, I let my mind to sink deep into relaxation. Without a doubt, traveling to the many different provinces throughout Thailand (such as the southern provinces Trang, Phatthalung, and Khao Sok National Park) with the freshmen of Jakarta International School was an enlightening experience and offered amazing opportunities to connect with nature and the

Floods, Tsunami, Cricket Worldcup, Earthquake Essay

571 words - 3 pages occurred at 00:58:53 UTC (07:58:53 local time) on December 26, 2004. The earthquake originated in the Indian Ocean just north of Simeulue island, off the western coast of northern Sumatra, Indonesia. The resulting tsunamis devastated the shores of Indonesia, Sri Lanka, India, Thailand, and other countries with waves of up to 15 m (50 feet) high, even reaching the east coast of Africa, 4500 km (2,800 miles) west of the epicenter.The Unieted States