2i)Logitech is born in Switzerland and raised in Sillicon Valley (US).

2 ii) Products are made in China, the global manufacturing hub. This significantly drives down material and labour costs, which in turn increases the business's profit margin.

3. Expand business and communication network .

   Leveraging on opportunities to lower business operative course through a wider network.

   Expose to a specific demographics like gamers and also for businesses to use the IT peripherals

   
   

   
   

internationally due to more market options to choose from.

In the case of the suez canal, middle Eastern and European allies were actively involved in clearing the blockage.

• Trade business will be affected

• Huge increase of losses which would increase the demands for the business/trades

• Trade depends on smooth global supply chains. Disruptions like the Suez Canal blockage, can cause delays and financial losses

• It helps countries grow by providing access to foreign markets and creating job opportunities

• Necessitates understanding of different markets

• Raises sustainability concerns

it is also a regional and closest hub to ship oil or hydrocarbons globally.

The "Evergreen" blockage has stopped the global shipping clock for 48 hours, which effectively, Iman may be deprived of fuel for his car within the mentioned timeframe.

More disadvantage than advantages, supply chain is greatly impacted, driving up ad-hoc operating costs in the likes of additional material costs and labour hours for the business owners for last minute decision to ensure timely freight forwarding to the consumers.

As the primary maritime artery between continents, the blockage snowballed...

(i)Origin: Thai-SG Brand

(ii)Object made in Philippines

3. 1. Market Expansion: By entering international markets, businesses can reach a larger customer base beyond their domestic borders. This expanded market access can lead to increased sales and revenue, especially if the home market is saturated or experiencing slow growth.

• 2. Brand Recognition: An international presence can enhance a company’s brand visibility and reputation. Global brands often enjoy a perception of quality and prestige, which can help attract customers and talents across various markets.

  
  

(i) Origin of the brand - Microsoft

(ii) Where the object was made - Washington (America)

3 Reasons

1. Market Diversification

   • reduce dependence on domestic sales and mitigate risks associated with economic downturns

2. Increased Revenue Potential

   • businesses can access a larger pool of customers, leading to higher sales and revenue

3. Competitive Advantage

   • allows businesses to leverage unique resources, innovations, and capabilities in different markets, helping them stay ahead of local competitors and adapt to global trends

3. 
   

   1. larger customer base, driving sales and boosting overall revenue.

   2. reducing dependency on a single market

   3. brand recognition and credibility, allowing it to leverage resources, talent, and innovations from different markets to stay ahead of competitors.