Please no written by hand and no emage Hughes Hubbard advised Jamaica's GraceKennedy in its acquisition of grocery wholesaler La Fe Foods, the top Hispanic brand in the frozen food category in the Northeast US, through its subsidiary GraceKennedy Foods (USA). The strategic acquisition, announced on July 22, 2014, enables GraceKennedy to add approximately $80 million in revenue to its North American operations and greatly enhance its US distribution capabilities. "This acquisition represents a major step for us, and will be the platform for the growth of GraceKennedy's North American business going forward," said GraceKennedy's Don Wehby, who relinquished his CEO title to become chairman of the company's board. Founded in 1922, GraceKennedy is one of the Caribbean's largest food and financial services conglomerates and provides innovative solutions in the food processing and distribution industry. La Fe was established in 1968 and has operations in Moonachie, New Jersey; Miami; and Raleigh, North Carolina, with brand and distribution presence in the New York/Tri-State area, Florida, Georgia and other locations on the US East Coast. QUESTION 1 Discuss the principles of international trade and three (3) main causes of going global that GraceKennedy must consider. QUESTION 2 Briefly describe ‘Political Risk’ for companies considering to go global, and provide three (3) implications for firms looking to take this step. Question 3 Describe the main modes of entry utilised by firms wishing to enter the global marketplace, and the implications for risk, commitment and profitability by engaging in each method. QUESTION 4 Discuss two (2) advantages and two (2) disadvantages gained by staffing foreign subsidiaries with host-country nationals, parent country nationals, and/or third-country nationals.
Please no written by hand and no emage
Hughes Hubbard advised Jamaica's GraceKennedy in its acquisition of grocery wholesaler La Fe Foods, the top Hispanic brand in the frozen food category in the Northeast US, through its subsidiary GraceKennedy Foods (USA).
The strategic acquisition, announced on July 22, 2014, enables GraceKennedy to add approximately $80 million in revenue to its North American operations and greatly enhance its US distribution capabilities.
"This acquisition represents a major step for us, and will be the platform for the growth of GraceKennedy's North American business going forward," said GraceKennedy's Don Wehby, who relinquished his CEO title to become chairman of the company's board.
Founded in 1922, GraceKennedy is one of the Caribbean's largest food and financial services conglomerates and provides innovative solutions in the food processing and distribution industry.
La Fe was established in 1968 and has operations in Moonachie, New Jersey; Miami; and Raleigh, North Carolina, with brand and distribution presence in the New York/Tri-State area, Florida, Georgia and other locations on the US East Coast.
QUESTION 1
Discuss the principles of international trade and three (3) main causes of going global that GraceKennedy must consider.
QUESTION 2
Briefly describe ‘Political Risk’ for companies considering to go global, and provide three (3) implications for firms looking to take this step.
Question 3
Describe the main modes of entry utilised by firms wishing to enter the global
marketplace, and the implications for risk, commitment and profitability by engaging in
each method.
QUESTION 4
Discuss two (2) advantages and two (2) disadvantages gained by staffing foreign subsidiaries with host-country nationals, parent country nationals, and/or third-country nationals.
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