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Global Markets, Trade & Financial Strategy

THINK

Build a Global Strategy

You built a successful product in India and want to enter another country. Make six calls and see the trade-off behind each.

Type
Activity
Difficulty
Beginner
Length
12 min activity

International business is a series of decisions made with incomplete information. This activity walks you through six of them. There is no winning score and no verdict on whether you would make a good entrepreneur; the point is to see what each choice optimises for and what it costs. Pick what you would actually do, then read the trade-off.

YOUR EXPANSION

You have created a successful product in India and want to enter another country. You have limited money, a small team, and no track record abroad. Work through the six decisions below.

DECISION 1 OF 6

1. Which market do you enter first?

DECISION 2 OF 6

2. Do you adapt the product?

DECISION 3 OF 6

3. How do you price?

DECISION 4 OF 6

4. How do you distribute?

DECISION 5 OF 6

5. What is your marketing approach?

DECISION 6 OF 6

6. How do you handle the supply chain?

Notice how often the honest answer was 'it depends on something I don't know yet.' That is the real lesson: international business is about managing uncertainty and competing objectives, not finding one correct move. The best next step is usually the cheapest way to learn what you are missing.

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