Question

Drastic worldwide changes present dynamic challenges to global managers, including thepolitical and economic trend toward the privatization of businesses, rapid advances ininformation technology, and the management of offshore human capital. You have been hiredas a consultant by a diversified multinational corporation. The MNC designs fashion as well asformal and casual branded garments for men, women and kids for countries spread over Asia,Europe, Africa and Australasia. They want to enter North American countries (i.e. Canada,USA and Mexico). Your assignment as a consultant is to advice the MNC on the political andeconomic environment in these three North American countries. The company wants to openfashion designing studios, manufacturing facilities as well as sales & marketing facilities ofgarments in the three different countries.Prepare your consultant report focused on the(a) market of fashion and accessories(b) different fashion trends existing in the contemporary times(c) manufacturing technology existing and scope of imports & exports(d) att ing and retaining talents for fashion designing and manufacturingof high-fashion, formal & casual wear for Men, Women and Kids of USA, Canada and Mexico.The report should include the types of risks that would be involved and the steps theMNC could take to manage and mitigate those risks.​

Answer 1

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