This week’s discussion pulls from the information in the BSG eTextbook Chapter #7 (“Strategies for Competing Internationally and Globally”) as well as several videos on currency exchange rates and tariffs in the Readings and Resources Folder.
Discussion Board Question:
Chapter #7 discusses several strategies for competing internationally, some of the benefits of entering foreign markets, and using location to build competitive advantage.
Companies can decide to either ignore the impact of exchange rate changes and tariffs, or attempt to adapt their strategies and decisions to try to capitalize on favorable exchange rate changes and tariffs and minimize the adverse impact of unfavorable exchange rate changes and tariffs.
Please answer the following questions for the competitive footwear industry that you are participating in as part of the BSG simulation for your DB post:
Note: Please make sure that you do not reveal any of your team’s “competitive strategies” in your postings above, and instead, just discuss within the scope of the overall Footwear industry.
NOTE. PLEASE ANSWER THE QUESTIONS SPECIFIED ABOVE. ALSO, PLEASE TO BSG SIMULATION.