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Posted: February 23rd, 2022
Question description
This assignment is divided into two parts based on marketing strategies.Part ISelect one of the poorest countries of the world (one with under $1000 gross domestic product [GDP] per capita). Research your chosen country and provide answers to the following questions:Does this country provide exports? If so, what products or services are exported?What quality or condition is the land in this country?What is the rate of unemployment?What is the education situation or level of education for the people in this country?Based on the information provided, discern whether this country has any national competitive advantage and discuss whether free trade can benefit this country and, if so, how. Be specific in your response.Part IIBased on your country of choice, develop scenarios where firms may invest in your country using the following strategies:Global standardization strategyLocalization strategyTransnational strategyInternational strategyFor each strategy, develop one scenario where an international firm would desire to enter the market of your chosen country. Describe the products or services offered by each firm and why the strategy was chosen. Cultural, political, and legal factors should be taken into consideration, as well as any informal or formal trade barriers.Provide your answers in a 3- to 4-page Microsoft Word document.Support your responses with examples.Cite any sources in APA format.Submission DetailsName your document SU_MGT4027_W5_A2_LastName_FirstInitial.doc.Submit your document to the W5 Assignment 2 Dropbox by Tuesday, April 22, 2014.Assignment 2 Grading CriteriaMaximum PointsChose a poor country and justified the choice of country based on given criteria in assignment.30Analyzed and discussed the chosen country based on the country's export of products and services, quality of land, rate of unemployment and education situation.30Analyzed and evaluated whether the country has any national competitive advantage.30Discussed whether free trade can benefit the country and, if so, how.30Analyzed and developed a scenario for global standardization strategy, localization strategy, transnational strategy and international strategy.80Written components.50Total:250
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