International Business Essay Example | Topics and Well Written Essays - 4000 words - 1

International Business - Essay ExampleOur baby foods will include fruits, vegetables, meat, chicken and rice. They would all be estimable of nutrition and will fulfill babys body growth needs. The play along will have 3 main units the baby food unit, clinical nutrition department and the research and development department. They all will work simultaneously analyzing the market needs and improving the product. European Union which is the union comprised of 27 member states of Europe has set rules and policies for the business which have to be adhered by the go with. The company has devised few strategies which would help it in the stage of final implementation of the project.The companys aim is to manufacture and sell the baby food for the babys from age 4 months to 2 years. Our intention is to produce premium fiber food which fulfills the hygienic standards and is full of nutritions for the baby, keeping in mind his growing needs.It will be a new experience for the company to en ter into a new market, thus realizing its needs it has signed partnership agreement with local manufacturers Mr. Z and Mrs. Z who will help in implementing arrogate strategies, plans and provide necessary knowhow to the company about the local market. The profits will be shared in the ratio of 2080, 20 % to Mr. and Mrs. Z and 80% to the company. Furthermore the company will finance the projects and Mr. and Mrs. Z will aid in selling the products to local retailers.The company will require setting up its factories in Europe in order to manufacture baby food, thus it has decided to enter Europe in 2 countries United Kingdom and Spain. It has aforethought(ip) to establish its factories in London and Madrid respectively. As being capitals these two places are easily accessible with transport facilities and there is ease of goods availability. In extension they are busy cities and will attract