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Expanding Global Trade of Polaris Products And/or Services to Russia

Autor:   •  June 19, 2018  •  1,484 Words (6 Pages)  •  541 Views

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It is for these many reasons that we stand by our recommendation to forgo pursuing trade opportunities with Russia at this time. Instead, we recommend exploring a global trade relationship closer to home, such as Mexico. Holding true to the strategy of fostering close collaborative relationships with our business partners, the location and proximity of Mexico proves to strengthen our Polaris strategy and values. Mexico, as stated in the case, also has cultural familiarity with that of the U.S., again proving that collaboration may be simpler and more effective here.

It is for these reasons why we stand by our recommendation to pursue global trade opportunities outside of Russia. We believe that there exist more strategically efficient opportunities closer to the United States with countries that have long established trade relationships already with the United States.

References

- "Top U.S. Trade Partners." U.S. Department of Commerce, Census Bureau. Economic Indicators Division, 2016. Web. 22 Feb. 2017. .

- Simoes, Alexandar. "Products That the United States Imports from Russia (2014)." The Observatory of Economic Complexity. MIT, 2014. Web. 22 Feb. 2017. .

- Branch, Foreign Trade Data Dissemination. "Foreign Trade: Data." US Census Bureau Foreign Trade Division. Web. 22 Feb. 2017. .

- O'Neal, Lydia. "Does The US Trade With Russia? How Sanctions Affect Commerce Between The Two Countries." International Business Times. N.p., 30 Dec. 2016. Web. 22 Feb. 2017. .

- Edwards, Richard. "Polaris Reports Record 2014 Fourth Quarter and Full Year Results." Polaris Industries Inc. - Polaris Reports Record 2014 Fourth Quarter and Full Year Results. N.p., 27 Jan. 2015. Web. 22 Feb. 2017. .

- Thompson, Nick. "Ukraine: Everything You Need to Know about How We Got Here." CNN. Cable News Network, 3 Feb. 2017. Web. 22 Feb. 2017. .

- "Doing Business in Russia." Export.gov - Doing Business in Russia. N.p., 29 Aug. 2016. Web. 22 Feb. 2017. .

- Bateman, Joshua, and Special To CNBC.com. "Renowned Investor Jim Rogers: 'Forget China, Buy Russia'." CNBC. CNBC, 09 Jan. 2017. Web. 22 Feb. 2017. .

- "WORLD TRADE ORGANIZATION." WTO | Accessions: Russian Federation. Web. 22 Feb. 2017. .

- "Importance and Advantages of the Suez Canal." Suez Canal Authority. Infosoft Ltd., 2008. Web. 22 Feb. 2017. .

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