International Business Law Research Proposal Example | Topics and Well Written Essays - 1500 words

International Business Law - Research Proposal Example Some of the most common means under the present state of international business law are as follows: 1. Direct foreign sales - This is the present strategy of Hampstead, which is to sell directly to a foreign buyer (exportation). This option may not be applicable because our Company seems to have decided to set up a plant outside UK. 2. Licenses and franchises - This is typically accomplished by a licensing agreement. A license permits the licensee to exploit the subject matter of the license for a specified purpose and for a specified time. This option may not be applicable to our company the facts fails to indicate possibility. 3. Distributorships - In here, there is an agreement to market our company's products through the sales efforts of a foreign-based distributor. Under this arrangement, a distributor is free to develop the target market in any manner in which it sees fit; i.e., it is free to buy and sell for its own account, maintain inventories, and sell at prices it sets. In addition, foreign distributors sometimes receive added protection under local law. Another advantage is that a distributor may limit the supplier's (Hampstead, in this case) exposure to local tax and labor laws. The option seems to be one of our options with our plan in transporting the cars from UK to Mexico and just have a company based in Mexico to distribute our products. 4. Direct foreign investment - A domestic company may conduct international business through a subsidiary located in the foreign country. We know for a fact that a subsidiary corporation, typically, is one whose shares (typically, a majority of the voting shares, i.e., >50%) representing control of the corporation are owned by another corporation (the parent)." This option is also one that is currently considered by board. Hence, I like to point out that there is suggestion for having a wholly owned subsidiary to be controlled by our U.K. head office. Hence, this option may not allow it. However, we have the next option. 5. Branches - A branch is not a separate entity but is an extension of the domestic (e.g., U.S.) enterprise (e.g., corporation) in a host (i.e., foreign) country. It is also a practice that the enterprise might establish an operational spot in a host country, which requires direct investment in, for example, the following: 1) A research and experimental facility 2) A manufacturing plant for local sales and/or export 3) An operation that establishes a market and sales for its products and/or those of other enterprises It also mentioned the following relevant factors to operating in a host country using a branch: 1) A branch allows unqualified control as compared to operations by a subsidiary. 2) The form of a separate legal entity is not present to limit contractual or tort liability. 3) Risks of loss due to changes in host country governments are like as those associated with direct investment. This option seems to be applicable, if our Company will desire to have a 100-percent control of the decision-making. However, I have still a last option in the next. 6. A joint venture - Although a joint venture is usually thought of as a partnership, it may be engaged in by means of a corporation or other organizational form. With all due respect, may I be allowed to present to you the above options' Now if you will just allow me to

Body in the consumer society Essay Example | Topics and Well Written Essays - 5250 words

Body in the consumer society - Essay Example According to the research findings before 1950s, scholars recognized that adoption of some tactics and strategies enhances a good relationship between the seller and the buyer, these tactics and strategies focused on selling more services and products and had little regard for customers’ needs. Such strategies meant embracing a ‘sell-as-much-as-possible’ philosophy by companies with no concern on the need to build strong and long-term buyer-seller relationship. Starting in 1950s, firms started realizing that old ways of marketing were becoming unpopular and were not effective. Competition in the markets and across industries was growing stiffer and companies were challenged to look at the buyer’s side of transaction particularly to improve the effectiveness of their marketing tactics and strategies. This brought the famous marketing concept that suggests that key factor in successful marketing entails understanding customers’ needs and seeking ways o f fulfilling them. The concept advocates that the first step should involve identifying the need of customers and then engaging in the process of production of the desired product or services and then marketing the products. This marketing concept has continued to be the root for the current marketing ideas and efforts. In the contemporary society, individual’s identity is deemed a construct of his or her consumption not only due to the non-physical and physical objects that an individual consumes but also due to the products’ symbolic nature.... 187). In the contemporary society, individual’s identity is deemed a construct of his or her consumption not only due to the non-physical and physical objects that an individual consumes but also due to the products’ symbolic nature. Some of the issues that have been linked to identity in the marketing include the body and especially the embodied self. Current marketing ideas have been linked with creation of identity whereby consumer buying behaviour has been related to the body, which includes the recent body modifications like cosmetic surgery and body art. One of the most popular body adornments that have long history in the body-related consumer behaviour is tattooing. Despite the growing practice in tattooing, there has been little attention among consumer researchers. Very few researchers have focused on tattooing as an industry in the service market. This study classifies tattooing as one of the service industries given that tattooing has service providers, clie nts, and it involves transactional business since it is a practice that is paid for. This study will therefore provide significant contribution by examine tattooing as one of the current ideas in marketing. This study seeks to identify the uniqueness of the object purchased in tattooing, in terms of practice and concept. The study will explore the factors influencing consumers’ choice in tattooing, nature of consumer experience as well as the enduring relationships (Stern 1995, p. 165). Body in the consumer culture Body can be consumed in two forms; one is the body as a canvass and in body modification like in tattooing, which has become an important part of service industry. The other one is dead body, which is also