You are an international trade consultant ranking the overall quality of various international markets for a product of your choosing. Select a product you would be interested in introducing to a new...

1 answer below »






You are an international trade consultant ranking the overall quality of various international markets for a product of your choosing. Select a product you would be interested in introducing to a new market, then complete the Module Three Assignment Template (located in the Guidelines for Submission section of this document). Then rank your recommendations for a new market and justify your rankings using key economic and political data points. Examples of products include digital cameras, activity trackers, curtains, coffeemakers, and so forth.


Specifically, you must address the following rubric criteria:




  • Application of Data: Describe your initial thoughts on how insights from the required data to be collected could help to inform business decisions. For example, consider what information each data point provides, whether you think some data points should be weighted more or less heavily than others in making a business decision, what ideal data points might look like for expansion into a new market for your product, the ways that different political systems may impact a decision, and so forth.




  • Political and Economic Data Collection: Complete the table in the provided template by finding the appropriate information and data points for each identified category using course and external resources.




  • Ranking and Rationale: Rank the appropriateness of introducing your selected product into the three markets from “most appropriate” to “least appropriate” using the gathered political and economic data you collected, then provide a rationale for why you ranked the markets the way you did on the basis of the data you gathered.


Guidelines for Submission


Submit the completedModule Three Assignment Template. In Sections One and Three, complete sentences should be used. In Section Two, numbers are appropropriate. Sources should be cited according to APA style.


Answered 1 days AfterNov 13, 2022

Answer To: You are an international trade consultant ranking the overall quality of various international...

Jose answered on Nov 14 2022
55 Votes
Data Analysis
Data Analysis
Student Name
Instructor Code
Date
Section One
[ It is the duty of
the business people to identify the factors influencing the news product or services. Data points always helps the managers for taking the right decisions and it also helps for making the changes in the new product. Most important aspect that influences the product is the economic system]
Section Two
    Country
    Political System
    Economic Classification
    Economic Blocs Impacting Trade
    GDP
    Purchasing Power Parity
    GDP at Per Capita
    Germany
    [Democratic and federal parliamentary republic]
    [Mixed Economy]
    [GATT, Regional Comprehensive Economic Partnership (RCEP)]
    [4.22 lakh crores USD]
    [0.7 LCU per international dollars]
    [50,801.79 USD]
    US
    [Federal republic and presidential system]
    [Mixed...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here