Expert answer:replies for discussion
Expert answer:Discussion for Replies in
ClassmateI Want Min 300 words Each replay – Part 1 (Replay 1 & 2) Part – 2 ( Replay 1&2) I want with Reference
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Discussion for Replies in Classmate
I Want Min 300 words
I want with Reference
Part – 1
1. Watch and Read: Zika Virus: The Last Thing Brazil’s Economy Needs Right Now
2. Initial Post
The outbreak and spread of Zika virus has had effects beyond the health issues. Discuss
how Zika has or can have an impact on the economic conditions of the areas affected
Reply – 1 K
The outbreak of the Zika virus had direct and indirect costs associated. Direct costs included the
medical treatment of those affected, as well as costs associated with creating and disseminating
public notices and the cost of mosquito control measures. The United Nations Development
Program (UNDP), in association with the International Federation of Red Cross and Red
Crescent Societies, published a socio-economic impact study estimating direct and indirect costs.
These costs ranged from $7 Billion U.S. Dollars (USD) for a conservative estimate, up to an $18
billion USD estimate for the short term costs (Barcelona Institute for Global Health (ISGlobal)
and Johns Hopkins University (JHU), 2017). Long term estimates are much higher as there is the
potential for birth defects that can cost nearly $5 million USD per person or upwards of
$500,000 USD for treatment of Guillain-Barré Syndrome (GBS (Bruce Y. Lee, 2017)).
Other indirect costs associated with the outbreak include loss of wages and loss of production by
infected personnel, loss of tourism in areas where the outbreak was highest, as well as increased
marketing for tourism once the outbreak is contained or eliminated. Other costs associated could
come in the form of donations from nations such as the United States in an attempt to fund
mitigating applications to control or eliminate the disease.
Replay – 2) Kf
Until recently, Zika was considered a rare tropical disease associated to small symptoms. In fact,
few of Zika cases have been documented before 2013. The first cases were discovered in Pacific
islands and south-east Asia in 2013, this is when Scientists started to be alarmed , an quickly
after it , Zika Arrived then to Brazil, where scientists estimate as many as 1.5 million people
could be infected.
Not a lot is known about the virus, which has spread across the world in just a couple of years.
The number of researches published on the disease is small, and it difficult to diagnose for
Doctors in many cases, even though, the World Health Organization reported that no deaths in
relationship to Zika have been reported. The biggest problem with Zika Virus is that it can
affect new born babies if a mother has contracted the virus during the pregnancy, the baby have a
chance to be affected by microcephaly, problems that an go from seizures, to difficulty to walk
and speak , to hearing loss and vision difficulties.
Zika have an Impact on Brazilian economies in different ways. First it will be negative for
tourism, a Country like the United States for example has prevent, it’s Citizens and especially
American Women from travelling to Brazil during pregnancy in order to avoid any risk of
contracting the Virus, tourists in general after watching or hearing news like that will stop to go
to Brazil for safety reasons and also for the lack of information available about the Zika virus, in
addition to that it is hard to diagnose it and there is no clear treatment for it.
Zika has a negative effect on the Brazilian Tourism, which will directly affect the Brazilian
economy, tourism being considered as a big source of revenue for the country.
Also fighting Zika and treating sick people will cost a lot of money to the Brazilian Government,
it is a new and unexpected disease that came the country and they not prepared for it, treatments
are unclear and the way to deal with Zika too, The Brazilian Government is in an the emergency
and have to spend a lot of money in researches to find a solution to the Zika problem and protect
Brazilian citizens.
Part – 2
1. Watch the Ted Talk: The Global Business Nextdoor.
2. Initial Post
What is wrong with some many people’s idea of doing international business, what issues this
presents, and why companies hesitate to move into the global market
Replay – 1 Rose
Marketers often find themselves at the forefront of a company’s global expansion. some common
marketing roadblocks that can stand in the way of international success:
1.
Executives tend to consider abroad markets in unclear local terms (e.g., “We’re moving our
concentration to Asia,” or “We’d get a kick out of the chance to twofold our development in
Europe”), yet this distortion is hazardous. Ask individuals what they mean by “Europe” and
you’ll find broadly fluctuating solutions” Western Europe, the European Union, the euro zone, et
cetera. Clients distinguish at the national level, and advertisers need to recall that each nation has
its own nearby laws, social standards, types of money and installment, and extraordinary
business hones. Being more particular from the earliest starting point helps hugely with
organizing one market over another, making a staffing plan, and spending designation which are
all essential for helping an organization accomplish its coveted worldwide objectives. Research
into nearby markets must be gone for understanding the market measure, the difficulties clients
confront, the arrangements they presently have, and where your item can fit in. Many
organizations neglect to consider these nuts and bolts of item situating at the nation level and
ignore things like solid neighborhood contenders.
2.
Many organizations (particularly Western ones) trust they can enter new markets by
following a similar playbook that brought them household achievement. While mark consistency
is essential, diverse markets support distinctive deals and showcasing approaches. For instance,
in nations where connections have a higher social esteem, for example, Japan, offering items and
administrations through neighborhood accomplices, for example, affiliates or channel
accomplices, make speedier progress than coordinate deals models. On the other hand, SaaS, on
the web, and “touchless” deals models are regularly famous in business sectors where the typical
cost for basic items is higher and robotization is prized, for example, the Nordic market.
Correspondingly, advertisers need to switch up their own channels as indicated by the practices
of each market, and this can differ crosswise over nations inside a similar area. For instance, in
Brazil, a showcasing effort may discover more accomplishment with advanced messages on
Facebook because of the prevalence of this interpersonal organization there, while in other Latin
American nations, Twitter may draw in a bigger gathering of people even more rapidly, and
along these lines be a more compelling advertising apparatus. While a few channels work over a
substantial number of business sectors, you need to investigate what conveys the best outcome in
each market by leading nitty gritty statistical surveying that depends vigorously on
neighborhood, in-nation specialists ahead of time.
Replay – 2 Man
One of the things that business owners should do when considering expansion internationally, as with
all their business endeavors, is to do their due diligence. Regardless of where you choose to invest there
needs to be due diligence applied to your business analysis. For example, even in the United States, if
you’re going to pick a location to set up a business; in particular, I’m speaking of a brick and mortar here,
you should conduct several different assessments. One should be a traffic analysis to get an idea of
potential customers who would “come off the street”. Depending on what type of business you set up
you should also be aware of the demographics to include income levels and local way of living. If
thorough due diligence isn’t done then you open yourself to much risk. One should really be hesitant if
that’s not done.
By the same token, just the thought of doing business in another country brings about its own
apprehensions. Most folks are comfortable when things are familiar to them; however the fear of the
unknown is ever present when folks enter into new territories. Although business today can be
conducted internationally via the internet it is still a scary proposition to most. There are language
barriers, unknown ways of living, unfamiliarity with your potential customer, and lack of confidence of
protections if you’re somehow victimized in another country. For example we are familiar with our
justice system but who’s to say we would be provided the same liberties in other countries. These and
many other unknowns create the fear that stifles one’s initiative to start businesses overseas.
That said, we know the fear of something shouldn’t be the sole factor prohibiting us from coming out of
our comfort zones. One way to conquer the fears is to help make some of the unknowns known and to
mitigate the associated risks.
I believe if people would do their due diligence, risk analysis, and homework pertaining to “studying
your audience/customer” then there would be much more international expansion than there currently
is; especially when we find that, after risk mitigation strategies are put in place, the benefit gained is
much more than the risk taken.
…
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