Applied Research in International Trade Management
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Timeline
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January 31, 2022Experience start
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April 1, 2022Experience end
Experience scope
Categories
Market research Operations Project management Product or service launch Sales strategySkills
competitive analysis business consulting international expansion business strategy researchStudents from the Niagara College @ Toronto School of Management will develop a comprehensive international expansion plan, consisting of detailed internal analysis of a company's resources and capabilities, international market analysis using secondary and primary data, financial and risk analysis with recommendations on implementation. Throughout the project, students will demonstrate a comprehensive understanding of international issues in all functional areas of the internationalization process, and the ability to formulate solutions that meet organizational needs.
Learners
The final deliverable will include:
- International Business Plan (importing into or exporting from Canada)
- A presentation summarizing key findings and research report
Project timeline
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January 31, 2022Experience start
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April 1, 2022Experience end
Project Examples
Requirements
This project will allow participating firms a low-risk method for exploring new market opportunities for existing products and services, obtain fully-costed market research for new foreign market opportunities, and compare logistics and distribution options for new market entry.
The project can include but is not limited to:
- Innovating an existing product or product line to reach a new international target market
- Identify and strategize the competitive advantage of the organization
- Target market screening
- Identifying which international market to enter and create a high-level plan (including a market entry strategy)
- Outlining how to enter an international market (including identification of key risks, estimated costs, and launch strategies).
- Providing tactical or operational recommendations for a defined market entry/expansion strategy (i.e. hiring/management strategies, cultural norms, and laws/regulations)
- Assess and evaluate the strategic positioning of an organization within their respective industry context
- Identifying potential international partners for international expansion, and providing a brief strategic overview
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Provide a dedicated contact who is available to answer periodic emails or phone calls over the duration of the project to address students' questions, after vetting by the instructor.
Be available to attend the final presentation with the students and provide feedback.
Be able to meet at the beginning of the term to go over the scope of the project, communication styles, and key dates with the students.
Be available for a quick phone call with the instructor to initiate your relationship and confirm your scope is an appropriate fit for the course.
Timeline
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January 31, 2022Experience start
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April 1, 2022Experience end