Ford Motor Company Globalization Strategy Assignment: to research two potential international markets (4 pages) and 3 possible competitors of Ford in these markets (2 pages) Requirement: – Part 1 (in 4 pages): Identify and assess two potential regions and/or countries to Ford’s globalize operations (these regions/countries must be new to the organization). Justify choices made. Generate separate analyses for each country and/or region chosen (possible points to be addressed: Size and characteristics of the market; Number and size of global, regional, and local competitors currently acting in the market; Balance of trade; Currency exchange rates (current and historical); Percentage of domestic production exported; Percentage of domestic consumption imported; Cost of labor; Tax level for domestic and foreign companies; Presence of government in the economy; Percentage of ownership allowed to foreign companies and/or investors; Local laws and regulations related to industry/product) – Part 2 (in 2 pages): Identify 3 major potential competitors (competitors who either have a global footprint, or are the largest competitors in the country/region in Part 1). For each competitor, include the following information: Market share, globally and in the markets considered in part 1 of this assignment; Strategy and competitive advantages; Relative prices of products and services being offered; Quality-related actions and procedures, and relative quality.
