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In developing your Export Business Plan

by | Nov 30, 2023 | questions

Directions

Select a product of which you will export to a foreign country. After your product is chosen, decide on a foreign country to which you will export. In developing your Export Business Plan, you will present the following information:

I. Purpose – why has the plan been written

II. Table of Contents

III. Executive Summary – this is short and concise and covers the principal points of the report and is prepared after the plan has been written

IV. Introduction – what product and foreign country did you select and why

V. Situational Analysis – describe the product to be exported

VI. Country History – present a brief history of the country as it relates to its origins and trade history

VII. Cultural Overview – what are the norms, practices, social structure, etc. that may aid (or hinder) the reception of your product

– Consumer attitudes toward product

– Educational levels – ability to comprehend instructions, ability to use product

– Languages – labels, instructions

VIII. Political Environment – present an overview of the governance structure of the country along with any legal-political forces

– Certain features required or prohibited

– Label and packing requirements

IX. Export Marketing Plan – present long and short-term goals, characteristics of an ideal target market for your product given the country selected, market screening

X. Economic Development – how developed is the country and how will this influence the success of your product

– Purchasing power

– Wages

– Infrastructure

XI. Summary

For further detail regarding the components of your Export Business Plan, please see pages 363-364 and 390 of our text.

Your paper is to be a minimum of 5 pages in length and be in APA format to include:

      • The use of headings and subheadings
      • Times New Roman 12-point font
      • Double-spaced lines
      • Two spaces after punctuation
      • 1 inch margins
      • Paragraphs with a minimum of 3 sentences
      • The first line of each paragraph should be indented 1/2 inch
      • Include in-text citations for each thought that is not your own (information derived from another source)
      • A reference (or works cited) page
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