The four partners are considering expanding their geographic reach either in North America (Canada and/or Mexico) or in…
ID: 295531 • Letter: T
Question
1. Evaluate potential global geographic opportunities for their consideration and make appropriate recommendations.
2. Would you support the recommendation of the advisory board member? Why or why not?
The four partners are considering expanding their geographic reach either in North America (Canada and/or Mexico) or in South America. One of their advisory board members recommends considering other bulk liquid products that are less risky such as vegetable oil and other liquid agricultural products and stick to their current market area.
1. Evaluate potential global geographic opportunities for their consideration and make appropriate recommendations.
2. Would you support the recommendation of the advisory board member? Why or why not?
Explanation / Answer
1) The potential global geographic opportunities for their consideration will give their business a more wide exposure to the global market of business. as when the exposure is more the more will be sale of the products and which make the high revenue generations for the company anf thus make a goof profit to rise the level of the company. they can get more shares in the stock market which will make them more investment to the business by the funds of the shareholders and thus give them to market in global market, as by all these facts and considerations they need to open their company into different nations and thus their company be like a top MNC in near future. the recommendations for this is invest as per capita income of the company and the runnig cost should be planned in such a manner that it seems to be economic to the company.
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2) Yes, definetly i would like to support the recommendations of the advisory board member. it is due to the fact that as the board member recommended that the company should need to focus on the other liquid producti and their production like vegetable and the mineral oils. by doing this they will take their company to a safe zone. the market is not same all the time. there may be rise or fall in the market and this consequently make your business up and down. at that time when the demand of the product which your company is manufacturing go down then it will lead to the fall of your business. at that time to save the company there must be another options to contineously running of the company because owner as well many employees are depends on the revenue of the company. so to run the company smoothly and not make any deflection in the profit generations i would like to support the advisory member recommendations.
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