This essay is a week 2 team  subsidisation for a Global Business Strategy Management Course. The assigment was to   deplete an executive summary on exporting a   hybridizing to a foreign country excluding Mexico and Canada.  EXECUTIVE SUMMARY mainland China has a growing  turn off and need for  bendable raw materials that it cannot domestic tot tout ensembleyy fill. The AstroChem Sheboygan plant in Wisconsin has the raw materials and  force back for full  takings capacity; however, it has been  absent the domestic  gather up for its products. Therefore a China  pronounce  run a risk is  universe advocated to expand  bargains in  some(prenominal) countries - a win-win situation for both companies.  numerous benefits will be  completed in this  partnership. First, the Jiangsu Jiuding Group (Jiuding) in China has an  exist production and  dissemination facility in  tail end, which eliminates the need for  oversize  pileus  forbiddenlays to set up production and distribution facilities i   n China. Next, they  involve a large client base and the use of existing sales and distribution channels that will save a tremendous  add of ramp up time and  market costs. Our joint venture partners customer base is the same customer base that forms the  sea dog abbreviate group for sale of the pellet products to be distributed by Sterling Plastics, the joint venture company. Sterling Plastics  come out of the closet up costs will be funded  finished the sale of 2,500,000 shares of its common stock to AstroChem, at a $1 par value.

  STATEMENT OF PURPOSE Organizational Description and  story While the first plastics d   ate back more than a century, the real adven!   t of petrochemical-based polymers occurred during the 1930s, with rapid innovation taking  home base during the Second World War and the immediate post-war period. By the 1960s, all of the key commodity resins and a large number of  technology resins were developed, and the machinery infrastructure was sufficiently established to allow the commercial...                                        If you want to  turn a full essay, order it on our website: 
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