BUSN 460 Regent Turkey Is A Viable International Market

Week 6

#57 Turkey

Top Ten Lowest Trade Restrictiveness

Rankings Lists:There are five websites which will provide starter information on which to develop your discussion points for International Business below. Two are diverse rankings lists; the other three are to assist you with research:

Forbes’ List: http://www.forbes.com/best-countries-for-business/list/#tab:overal

World Bank Lists: http://www.ibtimes.com/international-business-opportunities-trends-top-countries-consider-214068

Research Sources:

https://www.export.gov/welcome

http://globaledge.msu.edu/global-insights/by/country

http://www.operationworld.org/countries-alphabetically

1. What would make this country an attractive region or market in which to enter, depending on the type of opportunities your firm is considering? What are cultural influences, including customs and business etiquette in this international market, will affect business practices?

2. If you were to want to start trading with this country, with what type of entry strategy would you begin?

3. What kinds of local representation or institutional support would you need available to you to help you navigate any unforeseen obstacles and explain the laws and contract provisions in order to conduct business and protect your assets?

4. What are some of the limitations (economic, infrastructure, technological) in establishing this exchange relationship (for example, currency fluctuations, or import/export timelines)?

5. What opportunities and limitations are there for communicating the gospel of Jesus Christ? What would be a focus for prayer? Be sure to review the Operation World link above.

minimum of 250 and a maximum of 300 words

Global Business, 4thEdition (Cengage Learning US, 2017). Mike Peng. ISBN: 9781305500891.

 

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