For the past 7 years, Zip-6 has been produced and sold in South Korea through a licensing agreement with the Korean beverage firm Lotse Tsangsung through its Chang Dow Trading Co. subsidiary. Mr. Jung Park, Lotse Tsangsung CEO recently visited Ravi and Keith in Atlanta and revealed that his firm was about to acquire its leading rival in the Korean market and as a result, wants to sell its Chang Dow unit. Mr. Park has approached Ravi and Keith with two proposals. First, Lotse Tsangsung is willing to sell Zip-6 its Chang Dow subsidiary. This would represent an acquisition for Zip-6 in the Korean market. Second, if the two firms cannot agree on terms for a purchase of Chang Dow, Lotse Tsangsung is willing to sell its licensing agreement back to Zip-6 which will effectively allow Zip-6 to produce and distribute its products directly within Korea. This would involve a Greenfield Venture. Based on your reading of the Greenfield Venture or Acquisition Section in the Hill text on pages 434-438, your Assignment is to address the following in your paper: Checklist: Discuss the pros of both options (acquisitions versus Greenfield ventures) for Zip-6 Discuss the cons of both options (acquisitions versus Greenfield ventures) for Zip-6 State your choice of options to pursue and your reasons for this choice Respond in a minimum of one page in APA format to this Assignment and submit it to your instructor through the Dropbox for this unit.

Looking for a solution written from scratch with No plagiarism and No AI?

WHY CHOOSE US?

We deliver quality original papers

Our experts write quality original papers using academic databases.We dont use AI in our work. We refund your money if AI is detected  

Free revisions

We offer our clients multiple free revisions just to ensure you get what you want.

Discounted prices

All our prices are discounted which makes it affordable to you. Use code FIRST15 to get your discount

100% originality

We deliver papers that are written from scratch to deliver 100% originality. Our papers are free from plagiarism and NO similarity.We have ZERO TOLERANCE TO USE OF AI

On-time delivery

We will deliver your paper on time even on short notice or  short deadline, overnight essay or even an urgent essay