The CTW assignment involves making a clear and logical international business
proposition that involves your assigned country (Hungary).
Just give great reasoning and logic to support the thesis of proposing a business idea to the country of hungary.
Thesis and Three Reasons and Local Article:
YOU SHOULD PICK A SPECIFIC BUSINESS AND THEN CLEARLY STATE THREE REASONS IN SUPPORT. FOR EXAMPLE, COMPANY X SHOULD DO Y IN COUNTRY Z BECAUSE REASON1, REASON2, AND REASON3. HUNGARY IS THE COUNTRY THAT YOU HAVE BEEN ASSIGNED AT THE BEGINNING OF THE SEMESTER. THE “Y” IS YOUR OVERALL THESIS. DO NOT USE THE FOLLOWING SOURCES FOR YOUR LOCAL MEDIA SOURCE: •AP •UPI •FINANCIAL TIMES •NEW YORK TIMES •WSJ (ALL EDITIONS) • DUTSCHEWELLE• KYODO •BLOOMBERG •INTERNATIONAL HERALD TRIBUNE OR CNN
suggested Topics
Exporting ,Importing ,Agency Relationships, Outsourcing ,Off-Shoring, Licensing ,Franchising ,Foreign Direct Investment FDI, Strategic Alliances, Joint Ventures ,Greenfield Investments, Wholly Owned Subsidiaries Acquisitions, etc.
Thesis and Three Reasons and Local Article:
Example Company Global Textiles Inc, a U.S.-based clothing manufacturer, will set-up a garments manufacturing plant in Guatemala City for exports into the United States. 1. Evidence 1. (Cost-based Evidence) — The labor rates in Guatemala are low compared to those in North American countries: (See: https://tradingeconomics.com/guatemala/wages-low-skilled) 2.
Evidence 2. (Demand-based Evidence) — There is high demand for clothing and apparel in the United States: (See: https://www.prnewswire.com/news-releases/us-demand-for-apparel-and-accessories-to-reach-959-billion-in-2021-300518997.html) 3.
Evidence 3. (U.S.-Guatemala Trade Agreement) – Guatemala is geographically close to the U.S. and enjoys a strong and growing trade relationship, especially under the U.S.- Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) (See: https://2016.export.gov/guatemala/doingbusinessinguatemala/index.asp)
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