International (Trade) Management F24
Timeline
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October 6, 2024Experience start
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December 14, 2024Experience end
Experience scope
Categories
Lead generation Market research Competitive analysis Market expansion Sales strategySkills
competitive analysis business consulting international expansion business strategy researchStudents from Mohawk College will develop a comprehensive international expansion plan, consisting of detailed internal analysis of a company's resources and capabilities; international market analysis using secondary and primary data; Marketing analysis and tools (including Digitization and E Commerece); Supply chain and Compliance and Risk Mitigation.
Learners
Team size may not exceed 7
The final deliverables will include:
- International Business Expansion and Strategy Action Plan written report.
- A 15-20 minute presentation summarizing key findings with a Q&A session at the end of Semester in Week 13.
Project timeline
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October 6, 2024Experience start
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December 14, 2024Experience end
Project Examples
Requirements
This project will allow participating firms an international market entry method (exporting) for exploring new market opportunities for existing products and/or services, obtain fully-costed market research for new foreign market opportunities, and compare logistics and distribution options for new market entry.
The project can include but is not limited to:
- Innovating an existing product or product to reach a new international target market
- Target market screening
- Identifying which international market to enter (including a market entry strategy)
- Outlining how to enter an international market (including identification of key risks, estimated costs, and launch strategies).
- Providing tactical or operational recommendations for a defined market entry/expansion strategy (i.e. networking management strategies, cultural norms, and laws/regulations)
- Identifying potential international partners for international expansion, and providing a strategic networking overview
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Be available for a quick phone call with the instructor to initiate your relationship and confirm your scope is an appropriate fit for the course.
Provide a dedicated contact who is available to answer periodic emails or Zoom calls over the duration of the project to address students' questions, after vetting by the instructor.
Be able to meet in first four weeks of the Semester to go over the scope of the project, communication styles, and key dates with the students.
Be available to attend the final presentation with the students and provide feedback.
Timeline
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October 6, 2024Experience start
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December 14, 2024Experience end