I’m studying for my Business class and don’t understand how to answer this. Can you help me study?
Suppose your company has developed a product that every person in the world needs (perhaps a life saving pharmaceutical), but it has to be manufactured close to each market you sell in. How would you meet the challenges of doing business in a diverse world, as discussed on pages 79-87? For example, would you form a joint-venture manufacturing company with a state owned enterprise (SOE) if that government was oppressive to it’s people? Discuss your plan for global manufacturing and distribution and how you would navigate the sensitive political, economic and social issues of a diverse world. Remember to support your decisions with facts and references.
No word count required