You manage a small LA company with 20 employees and $3 million in sales. You have a new hot patented electronic product which will greatly improve mobile communication. You think its greatest appeal will be in middle-income countries. It sells in the US for $40.
Which market would you consider for expansion? Why? What form or business would you choose to begin your foreign sales?© BrainMass Inc. brainmass.com October 10, 2019, 6:12 am ad1c9bdddf
Some middle-income countries are Mexico, China, Brazil, and India. Given that the product is electronic, I would suggest China or India for the expansion. Both of those countries have a history of being ...
This solution is a discussion regarding appropriate markets for expansion as well as how to begin foreign sales. [136 words]