Solved by verified expert:You will need to identify your final project company, product, foreign market, etc.Example1: Country: United States Company: Nabisco Company Product: Honey Maid Honey Grahams Foreign Market: EuropeI am interested in researching this product, because most people can think of one childhood memory that involved a Honey Maid Honey Grahams. Whether it was making a s’mores on a campfire night or crushing them into tiny pieces for a piecrust, Honey Maid Honey Grahams play a role in children’s life experiences. It is interesting to think that Europeans have not had those experiences that many people can bond over. I plan on using articles, websites and personal information for my research.Example 2: For my final project: The company I chose is Brita, which is a Germany based company. Although it is frequently used in the United States. The company product(s) are the water purifying products. The foreign market that i am interested in researching would be a combination of the Untied States and Puerto Rico. i am interested in this company because during this time where many hurricanes, and tropical storms have hit different places in the world, I feel this product line would be important and relevant as different parts of the world are in need or basic necessities that need to be safe for these people. I plan to go about my research with articles(news articles) and research based on the internet.Example 3: Country: United states Company Name: Medtronic Company Product: Diabetes management system called the MiniMed 670G. My foreign market will be Singapore.I am interested in this product because my dad and my grandparents have diabetes and my grandparents are on insulin. My brothers also play baseball with a friend who has juvenile diabetes. He has a port for his insulin and his diabetes has to be monitored consistently. I am going to research to see if this product will be beneficial for young adults like him. Also, how a product like this can be used in a foreign country like Singapore. I plan to go about my research by using articles, journals, and websites.Final project identification basis is of:Your final project consists of pages of content explaining the strategy a real company might use to expand its operations or products into new, foreign market outside the company’s home country. Select one European, Asia-Pacific, or United States company for a thorough investigation. You will conduct a comprehensive analysis of the company’s current strategic position and develop a strategic plan for expanding the company and/or a company’s product into a new, foreign market outside the company’s home country. The company and/or the identified product cannot already be present in the foreign market. You success in this assignment rests in your ability to research and the availability of company information.
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