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International trade is one of the hottest industry of the current times. From the times of Marco Polo, export business was an efficient business which was globally accepted world-wide. Thinking about the prehistoric period, where the paleo lithic people used to trade shell and salt with far apart distant tribes. The export import business exists when a country has the manufacturing and the marketing unit of a certain commodity/product/idea and the other country has the demand of such item (Burke, 2010). With the advancement of technology and Information System across the globe, the one world mode of concept has taken into action which provides both profit and personal satisfaction. On the other hand, international business involves changes in business operation in other countries
Telefonica expanded their business in the telecommunication sector of Latin America.
The business plan so modulated which aims in formulating a new exporting firm in Philadelphia, USA. The plan serves as an operational outline so as to monitor at least for five years. The founding entrepreneurs are to be insisted with raising a total fund of $100,000. The market of the export business is to be focussed stressing more on the foreign demands. This can be analysed with the help of various case studies and future products. Due to market exchange and rapid needs in the telecommunication sector the company tends to change in the business operation. It also focusses on the several aspects related to Telefonica’s business related operations. They also extended in term of their services. The paper cover the stagey to get benefitted from the subsidiaries and also increase in the total revenue.
The paper deals with the demographic analysis of the new export business so set up in Philadelphia. As Philadelphia is a business belt of USA, hence it can be assumed that the rate of export rate is much higher than any other city in USA. Second approach so involved in this project is the growth of the foreign demand of the latest technologies so manufactured in USA. Third factor of cost, which is funded by the American Business Society, New York. And finally the Cost to Profit ratio. This is one of the most concerned issues which is focussed in the article.
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