Select a fairly inexpensive product that you currently own, and a country that you’re not very familiar with. The product could be a moderately priced watch, radio, or other device. Now imagine that you are with the international sales department of the company that manufactures and sells the item and that you are proposing to make it available in the country you have selected.
The first step is to learn as much as possible about the country where you plan to market the product. Check almanacs, encyclopedias, the Internet, and library databases for the most recent information, paying particular attention to descriptions of the social life of the inhabitants, their economic conditions, and cultural traditions that would encourage or discourage use of the product.
(1) Briefly describe the product you plan to market abroad.
(2) Briefly describe the country you have selected.
(3) Indicate the type(s) of people in this country who would find the product attractive. Provide at least one (1) supporting fact.
(4) Explain how the product would be transported into the country (or possibly manufactured there if materials and labor are available). Provide at least one (1) supporting fact that justifies your choice.
(5) Recommend a location for a regional sales center. Provide at least one (1) supporting fact that supports your location choice.
(6) Describe how the product will do in this new environment, with at least two (2) supporting facts.
(7) Describe at least two (2) recommendations for marketing (steps the company should take immediately and those it should develop later).
There is a custom-based law obligation of the controlling individuals towards the minority individuals and that was built up by the court in Allen v Gold Reefs of West Africa (1900). Thus, while passing resolutions in the general gatherings, certain guardian obligations are owed by the larger part individuals towards the minority individuals. In such manner, it is required that the greater part individuals should practice their forces true blue and for the advantage of the entire of the organization which incorporates every one of the individuals from the organization. Then again if the individual privileges of the individuals from the organization are encroached, such individuals can make a move under the customary law and in addition under the Constitution of the organization and the replaceable standards that apply to the organization. In the meantime, such individuals can likewise make a move under the Corporations Act, 2001 (Cth) and any different get that might be available between the individuals and the organization. At the point when an endeavor is made to ask a standard determination in the general gathering, where it is required by the Constitution of the organization or by the Corporations Act that the death of an exceptional determination may bring about a procedural anomaly and in this manner, it can be considered as invalid in the event that it has caused significant bad form. Based on the previously mentioned dialog, it can be set in the present case that an endeavor is being made by the dominant part to correct the Constitution of the organization by embeddings another provision that gives an energy to the part who controls at least 80% offers of the organization to secure necessarily the various offers of the organization. Along these lines, if Silk and other minority individuals from the organization can set up that the move made by Cotton Limited isn’t true blue and it adds up to harsh lead, Silk and other minority individuals from the organization can make a move under the Corporations Act and in addition under the customary law. These individuals can prevail in the activity on the off chance that they can set up that the move made by the larger part is severe for them. Question 2: Polyester is a chief of Style Pty. Restricted engaged with making ladies’ attire. Has she broke any obligations under the Corporation Act in the accompanying circumstances? Circumstance 1. She organizes with the organization’s bank to exchange a measure of $65,000 from the organization account into an individual financial balance held by her in her own name. She utilizes the assets to finish some extraordinary individual obligations. Circumstance 2. As a chief she gets data that the organization is in a genuine budgetary position. She organizes to exchange a bigger measure of the benefits of the organization over another restrictive organization that she shaped with the expectation of minding on a similar business. Circumstance 3. In spite of a determination of the Board and despite set up business rehearse that limits credit to $20,000 she permits an exchange borrower (who has a background marked by awful obligations) to surpass its credit confines by $25,000. The indebted person neglects to pay the extraordinary measure of $45,000. Would she be able to depend on the business judgment govern in this circumstance? Answer 2: Circumstance An: it shows up in the present case that few guardian obligations have been broken by Polyester. These obligations incorporated the obligation to dodge irreconcilable situation, obligation not to make mystery benefit and the obligation of the executive of the organization not to look for individual advantages. In the meantime, it can likewise be said that Polyester has represented an ill-advised reason since she was inspired by the want to infer individual advantage and in the meantime, make an impediment the organization. In such manner, the law gives that the executives of organizations ought not utilize the property of the organization for their own pick up. At whatever point the property of the organization is utilized by an executive for individual use without the authorization of the organization, the trustee obligation of the chief is ruptured. It should be noted now that with the end goal of this run, the prized formulas and the protected innovation of the organization are incorporated into the term property. In the meantime, the executives of the organizations have likewise been controlled from making mystery benefits. In such manner areas 181, 182 and 183 of the Corporations Act recommended statutory arrangements that are proportional to the guardian obligations of the executives to act in accordance with some basic honesty, for a legitimate reason and to the greatest advantage of the organization and in the meantime to maintain a strategic distance from irreconcilable circumstance and make no mystery benefits>