QUESTION
Portfolio Project Milestone #2: Submit Country Decision and Overview
Present and describe the country targeted by the company you identified in Week 2. This will be the issue that you will be working on for your Portfolio Project.
Look for valuable instructor feedback on your work. See the Portfolio Project Rubric in the Module 8 folder for more details.
ANSWER
Portfolio Project Milestone 2
SmithFoods, an American company that produces processed dairy products, ice cream, and beverages, wishes to expand its business into Mexico. There is a need to increase the firm’s revenues and broaden the market for its products. Mexico, being a highly populated nation, provides an excellent demand for SmithFoods’ products. Mexico’s fast-growing economy and its rapidly growing population cannot be sustained by the local dairy farms. A study of the viability of the region for investment has been done, in a previous assignment.