Kia-Hyundai and Overseas Ventures Search online resources and find an article describing an experien
Kia-Hyundai and Overseas Ventures
Search online resources and find an article describing an
experience of either: (1) a US company or division that conducts business in a
foreign country; or (2) a company or division based in another country which
has started doing business in the United States Perform searches on
“joint venture,” “licensing,” or “strategic
alliance“
Please answer the following questions:
1 Was the company’s experience positive, negative, or
mixed? Justify your answer
2 What legal or political barriers did the company have to
overcome? What cultural or business differences did the company encounter? What
problems did these differences create for the company? What did the company do
to overcome the obstacles? Did the company handle cultural and business
differences effectively? Why or why not?
3 Companies involved in international trade have to watch
the exchange rates for the euro, Japanese yen, Brazil real, Russian ruble , and
US dollar If you were a US exporter, how might a stronger dollar affect
demand for your products? How might a weaker dollar affect demand?

