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Prospero Winery
There are several different factors that need to be taken into consideration when building a management team able to handle expanding into Chile and China. The two countries are very far apart and have vastly different cultures, so it will be necessary to have people on the ground in both countries. What the company wants to achieve in these countries is something that will dictate what its needs are going to be with respect to a management team. For example, does setting up an operation in China mean exporting to China, or is the company going to seek out a vineyard in the country (there aren't that many). The company will need to have a CEO, CFO, Chief Technology Officer and there are going to be new marketing demands, and new production demands (CMO and COO respectively) as well. These people will all need to be in place. Any who are going to be located internationally will need to be subject to controls to ensure that they are making...
For example, the leadership team in each country will need to have its own human resources and marketing functions in particular. Head office will also need to have somebody whose role it is to oversee everything in all of the different countries. This could be the CEO or the COO, but there needs to be a form of centralized control if the company wishes to have operations that work together towards a common goal (No author, 2010). Lastly, it is worth
Capital needs are one of the most important issues facing a business undertaking international expansion. For example, in China a new corporation -- usually set up with the help of a local partner…
Works Cited:
Entrepreneur. (2012). Build your management team. Entrepreneur.com. Retreived June 22, 2012 from http://www.entrepreneur.com/article/83618
No author. (2010). How to build your management team. Inc. Magazine. Retrieved June 22, 2012 from http://www.inc.com/guides/2010/04/building-management-team.html
No author. (2012). Business expansion. Reference for Business. Retrieved June 22, 2012 from http://www.referenceforbusiness.com/small/Bo-Co/Business-Expansion.html
Export Business Plan: Moldovan Cellular Phones Purpose-Why has the plan been written? The plan has been written in order to guide our mobile phone export business. Cell phones in Moldova are rapidly overtaking land phones as many cellular phones now provide Internet access and cell phone computers. SMS, MMS and broadband are becoming standard features on cell phones. Nonetheless, mobile phones are expensive in Moldova and not everyone can afford them. Furthermore,
Exchange Rate Trends: The Canadian dollar has been consistently, slightly less valuable than the U.S. dollar for many years and is poised to stay that way. The opportunity for exchange goods and production has remained rather high for this reason. "Canadian dollars per U.S. dollar - 1.3015 (2004), 1.4011 (2003), 1.5693 (2002), 1.5488 (2001), 1.4851 (2000)" (CIA World Factbook "Canada," 2005, NP) Import Restrictions: Import restrictions in Canada are relatively low, as a
Business Plans Investment Decisions An Analysis of Three Business Plans in Regards to their Riskiness This paper will examine three separate business plans and rate these plans based on the level of risk and the cost of capital that should be awarded to these plans. Of the three plans considered, a plan for an expansion of a coffee production facility in South America carries the least risk. An investment opportunity for a truck
Business Plans Marketing Plan and Evaluation The marketing plan should revolve around the marketing mix. The mix encompasses the four Ps of marketing, each of which will be addressed in turn in this business plan. The four Ps are product, price, place and promotion (NetMBA, 2010). With respect to product, the coffee shop will be a premium example of a coffee shop. Australia has an exceptional coffee culture, so good that it
Business Plan INSIGNIA SYSTEMS Insignia Systems, Inc. Business Plan The Business Profile: Insignia Systems, Inc. Business Description "Insignia Systems, Inc. markets, sells and supports in-store advertising and promotional products, programs and services designed to provide retailers and consumer goods manufacturers with highly effective in-store programs and point-of-purchase display materials" (Insignia Systems, 2012) Insignia is engaged in advertising to customers in a retail environment who may otherwise not see the product advertised. One of the slogans that
Despite these fluctuations in pricing levels, current projects indicate that demand for ginseng will continue to increase in the future due to greater demands from a burgeoning middle class Chinese market (How to grow ginseng, 2012). Although wild-grown ginseng commands higher prices, cultivated alternatives typically weigh more but the Chinese highly prefer the wild-grown version (How to grow ginseng, 2012). As shown in Figure 1 below, West Virginia is located