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India's Foreign Trade
September
2023 Examination
Scenario ZEN AUTO COP
(ZAC) which is an Indian Startup Auto components manufacturing company having
well established brands of various auto components, who are already supplying
their products to various Indian auto mobile companies engaged in manufacturing
of cars, SUV’s and also for tucks. The company was looking for business
expansion in terms of expanding their business geographically. If you are a
head of their International business with ZEN, your task will be to establish
their company as well as their auto components brands. (ZAC is going for the
exports business for the first time)
Q1. Discuss how you go
for Market identification process with respect to Auto components which market
you prefer to enter first and why? How do you plan to proceed with a market
survey? (10 Marks)
Ans :
Introduction:
As
the pinnacle of international business at ZEN Automobile COP (ZAC), my
objective is to enlarge the organization's global presence and establish its
car component brands in worldwide markets. ZAC is an Indian startup car
additives manufacturing company with a strong presence in the home market,
providing merchandise to diverse Indian car manufacturers. We're venturing into
the international arena to faucet into new opportunities and boom our global
footprint.
The selection to
amplify the world over is a strategic circulate to diversify sales streams,
mitigate dangers related to dependence on an
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Q2. Once you have
finalized on the target market how do you plan to work out the market entry
strategy for the chosen target market. (10 Marks)
Ans :
Introduction:
In
the present-day fairly competitive international business panorama, figuring
out the proper goal market is crucial for a hit market access strategy. Once
the goal market has been finalized, the next step is to broaden a complete plan
that ensures a smooth and a hit entry into that market. This plan must consider
the unique characteristics of the chosen market, the employer's sources and
abilities, and the aggressive dynamics at play. This paper will outline
Q3. a. Prepare a dummy
shipment documents like Proforma Invoice, Commercial Invoice, and Packing list
for your company’s products. (5 Marks )
Ans :
Introduction:
In
today's interconnected and globalized world, global change has become an
essential economic growth and improvement motive force. The clean go with the
flow of products and services throughout borders is based heavily on the proper
documentation and communication among buying and selling companions. One
important thing about this
b. Do you think the
current PLI scheme (Production Linked Incentive) will ZEN benefit from this
scheme? If yes give what kind of benefits ZEN will get. ( 5 Marks)
Ans:
Introduction:
The
manufacturing connected Incentive (PLI) scheme is a flagship initiative by way
of the authorities of India to reinforce domestic manufacturing throughout
diverse sectors. It was introduced to beautify India's competitiveness, appeal
to investment, create employment possibilities, and decrease import dependency.
The scheme gives financial incentives to companies based on their incremental
manufacturing over a remarkable base of 12 months. on
Dear students, get fully solved assignments by professionals
Do send your query at :
or call us at : 08263069601
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assignments available with 100% surety and refund)
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