We’re Not in Kansas Anymore

We’re Not in Kansas Anymore - Were Not in...

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We’re Not in Kansas Anymore . . . But Just Where in the World are We????
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Why “go global”? Opportunities to expand into new markets Lower costs Manufacturing Labor Transportation Less regulation Tax incentives
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Is “Borderless” Best? NAFTA EU ASEAN Mercosur
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Just what is “International Law”? Is there one world government? GATT WTO CISG
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Ways a business “goes global” Direct sales Designating a representative or “broker” in the foreign country Export Trading Company Joint Venture with a foreign company Establishing a branch office in the country Licensing a foreign company to manufacture/distribute its product Granting a Franchise
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When making the decision consider: Tax laws Currency laws Culture Country’s track record on expropriation Stability of foreign government
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International Trade Administration: http://www.trade.gov Part of Department of Commerce Excellent source of information Laws Regulations Data New initiatives : National Export Initiative www.export.gov
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And it is not just the Feds . . . Look at Texas Resources: International Business and Recruitment Program: http://governor.state.tx.us/ecodev/business_resou rces/international_business_and_recruitment/ Greater Houston Partnership: http://www.houston.org/international- business/houston-world-trade-center/ UH Small Business Development Center: http://www.sbdc.uh.edu/sbdc/International_Trade .asp?SnID=2
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This note was uploaded on 04/09/2012 for the course BA 3301 taught by Professor Stanb during the Spring '09 term at University of Houston - Downtown.

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We’re Not in Kansas Anymore - Were Not in...

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