Learning Activity #1- 3
The Jonas brothers are looking for new markets for four major reasons: the increased safety regulations in the US, increased competition, high insurance costs to cover legal risks for owners, and children’s safety groups. The brothers believe their trampolines are safe and that they furnish beneficial exercise to children and adults (as well as being a good source of family entertainment). They believe it is essential to find new markets outside the US.
To learn a little more about the business, do your own outside research that may help you visualize the business idea. Indoor Trampoline Parks , International Indoor Trampoline Parks , Trampolines Show Big Bounce Injuries
· Using the illustration entitled “Figure Four Ways of Doing Business,” in International Business Management on page 32 of the Tutorials Points link, help the Jonas’ decide whether to go global or to stay local while improving the current business in a holistic manner.
· Explain how you arrived at your answer and what other factors must be considered in choosing a strategic option.
Learning Activity #2
The Jonas Brothers think that they can go into other countries and manage the business just like the one in the US.
Explain to the Jonas’ in a memo some of the major differences and challenges in managing the operations abroad.
Please only post a single discussion thread that includes your responses to both learning activity 1 &2.
You must start a thread before you can read and reply to other threads
Required Reading under Content,
International Business Management (Part 3 section 12 pages 29-33)
10 Reasons to Go International
6 Steps to Help You Decide to Go Global
Strategy Constraints and Compulsions
Internet Data Flow and Trade
Impact the Internet on Business
Why are Canadian Companies Afraid to Go Global
International Business Management (Part 3 sections 15-17 pages 40-54; Part 4 sections 18- 22 pages 55-74)
Best Structure for a Multinational Company
Standardization versus Differentiation
Multinational Corporation Strive to Compete
How to Find Funding for an Overseas Business Venture
5 Things You Can Do to Reduce Risk in International Business
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