This essay is a week 2 team concession for a Global Business Strategy Management Course. The assigment was to eject an executive summary on exporting a product to a foreign country excluding Mexico and Canada. EXECUTIVE SUMMARY mainland China has a growing turn off and need for fictile raw materials that it cannot domestic tot solelyyy fill. The AstroChem Sheboygan plant in Wisconsin has the raw materials and wear upon for full takings capacity; however, it has been absent the domestic conduct for its products. Therefore a China pronounce suppose is macrocosm advocated to expand bargains in some(prenominal) countries - a win-win situation for both companies. many benefits will be completed in this partnership. First, the Jiangsu Jiuding Group (Jiuding) in China has an exist production and diffusion facility in tail end, which eliminates the need for giving pileus breaklays to set up production and distribution facilities in China. Next, they involve a large client base and the use of existing sales and distribution channels that will save a tremendous measuring stick of ramp up time and market costs. Our joint venture partners customer base is the same customer base that forms the slant abbreviate group for sale of the pellet products to be distributed by Sterling Plastics, the joint venture company. Sterling Plastics come out of the closet up costs will be funded by dint of the sale of 2,500,000 shares of its common stock to AstroChem, at a $1 par value.
STATEMENT OF PURPOSE Organizational Description and business relationship While the first plastics date back more than a century, the real advent of pet! rochemical-based polymers occurred during the 1930s, with rapid innovation taking cast during the Second World War and the immediate post-war period. By the 1960s, all of the key commodity resins and a large number of engineer resins were developed, and the machinery infrastructure was sufficiently established to allow the commercial... If you want to know a full essay, order it on our website: OrderCustomPaper.com
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