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Culture such an important part of Global Understanding

List question, then the answer Double spaced Min of 2 pages per question, inc. charts, graphs, examples Total 12 pages for this assignment including charts, graphs and examples. The More examples you put into the paper, the more better grade you will get. 1. What factors must you consider before GOING GLOBAL? 2. Why is Culture such an important part of Global Understanding? 3. What are some of the issues associated with Global Trade? 4. How might Political Influence impact your ability to do business internationally? 5. What are the 5 main things to understand before attempting to conduct business in a foreign land? Notes: Investment Cost of Marketing Entry Strategies Low involvement/low cost——————————–Hight involvement/high cost Exporting Licensing Contract manufacturing Joint Venture Equity stake or acquisition 5 Main Things you need to know about a Country in order to conduct GLOBAL BUSINESS 1. CULTURE 2. TRADE POLICY AND POLTICAL INFLUENCE 3. ECONOMY 4. DEMAND AND TM PREFERENCES 5. DISTRIBUTION INFRASTRUCTURE

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