Healthy food expansion into North Korea

To: the CEO Sweet Health Company

Cc: department heads

From:

Date:

Subject: expansion of the company to North Korea.

I propose that the company should consider expanding its outlet to the outer border of the country. The establishment of the plant should be in North Korea following the wide market gap in this line of business in that country. I believe that in expanding our company to North Korea will open up new opportunities for the growth of the company. The plant will therefore major on processing of healthy foods which will be exported from other countries. After processing the food it will be stored in cans which can be preserved for a longer period hence can help to solve on the chronic food issue as a result of famine in the country.

I will be glad to talk about these recommendations with you later on and discuss on the decision that you make.

Yours faithfully,

             Establishing Sweet Health Company plant in North Korea is based on a number of regulations. As a foreign company establishes a business in other country government policies regarding the operation of a processing industry will have to be adhered to. One of the regulations will have to ensure that the plant operates in a manner that is friendly to the environment and has measures and policies that will safeguard it. Any emission that is harmful to the environment should be treated before discharge. The market size in the dawn of starting a business will be relatively medium in order to allow several adjustments to be made in the new business venture. The initial cost will be relatively high but the incomes will increase with time as the company creates awareness for its existence. Process food will be demanded due to the country agricultural challenges (Business in Korea North for Everyone 243).

            As the business developed and demand increases there will be an expansion of the plant in the large geographical area in order to fight the feminine menace. North Korea recognizes foreign investments as a positive element of nation development but the North Korean government has remained dedicated to ensuring that foreign investors have a level field as the government aims at promoting economic democratization. The unpredictable weather conditions affect both the transportation and communication systems. This means that extra caution should be taken to ensure that business will run as usual.

            The company will set up a relief group that bears the company name and it will ensure that it offers the most affected people and the neediest ones of food. This will include the children, patients and the pregnant mothers. The company will start off by donating food to hospitals and with its expansion it will also help the children and pregnant mothers who are in great need of food.

References

            Business in Korea North for Everyone: Practical Information and Contacts for Success. Intl Business Pubns USA, 2012. Print.

            Eberstadt, Nick. The North Korean Economy: Between Crisis and Catastrophe. New Brunswick, NJ: Transaction Publishers, 2008. Internet resource.

Foran, Racquel. North Korea. , 2013. Print.