Individual Mayra V Cruz
Weekly tasks or assignments (Individual or Group Projects) will be due by Monday, and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.
As you work on the project plan for your project, Mike, one of the marketing strategists on your team, stops at your office door wanting to talk. “We use fabrics that are made domestically; however, there are issues with using these same fabrics globally. There are laws and regulations that prevent us from shipping these fabrics to other countries. This is a huge concern. One of our primary selling points is the consistency of quality of our product.”
You confirm Mike’s concern, “That’s an excellent point,” you say. “Now you’ve just given yourself and our team more work for the presentation. I’m sure that will come up. One of the board members used to run a textile plant in China.”
Mike nods his head in agreement. “I imagine textiles will not be the only resource concern,” he says.
Consider the following in your response:
•Why should resources be a concern in a global strategy?
•What resources may be a concern in the country you selected?
•How will this impact the decision to move to the country that you selected?
•How will this impact your competitive strategy in your global market?
The materials found in the M.U.S.E. may help you with this assignment, such as the audio file Global Strategies Large and Small. This file provides real-world experience that may help you with this assignment.