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Essay Available:
Pages:
1 page/≈275 words
Sources:
3 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.86
Topic:

Strategic Recommendations for Benz Presentation in Thailand

Essay Instructions:

For Mercedes-Benz's business activities in Asia, our team chose Thailand, and other team members analyzed major events in Thailand and the challenges these events pose to Mercedes-Benz. What you need to write is specific analysis and recommendations for the second challenge. Because the content does not need to be very long, in the absence of a suitable analysis model, model analysis may not be used. I will share the parts what other team members have done, you can refer to it. You need to focus on the second challenge. If you have any questions, please contact me. Thank you.
https://docs(dot)google(dot)com/document/d/1de9CxmrTyJGeOAX0IdsEnKBTaDUqZqcOwHqiGQ3DxuA/edit

Essay Sample Content Preview:

Strategic Recommendations for Benz Presentation in Thailand
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Strategic Recommendations for Benz Presentation in Thailand
Strategy 1
A downturn in Thai's economy and supply chain could put Mercedes Benz's exports and imports at risk because all these things directly affect Benz's current account balance. The Thai baht value was expected to fall during the pandemic since the account surplus narrowed because the coronavirus influenced Thailand's long-term financial position (Muthitacharoen & Burong, 2021). Net exports of goods and services and revenue transfers from other nations make up most of the company's account deficit. A surplus on the side of the current Benz account needs to be constant, as it has been since 2014. Because of the importance of Thailand's tourism industry to its economy, exports outstrip imports.
Strategy 2
The next strategy is having structural support for the Thai baht because Thai exporters and foreign visitors purchase more of the currency than they are selling. Besides the lack of pressure on the Thai baht, outbound direct and portfolio investments were also slow to leave the country, which needs ...
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