solved OverviewThis discussion is about international markets and strategy. Conduct research

OverviewThis discussion is about international markets and strategy. Conduct research on current events relating to one of the unit concepts of interest to you. Then, share your findings in an initial post. Try to choose a concept that has not been, or is rarely, addressed by your classmates. Review peers’ findings and then engage in an active discussion to learn more about the topic at hand. ResourcesPark LibraryLinks to an external site.Click on the Library Sources tab.Enter your topic in the search box.Click on full text, and you will find one, or several, articles to analyze. Due DateInitial post by 11:59 p.m., Thursday, CT.Response post(s) by 11:59 p.m., Sunday, CT.DirectionsComplete the unit readings.Select one of the unit concepts to research. Find a current event in an article through Park’s library, that will illustrate that concept. Compose an analysis of that event or situation in the article that you selected.Initial PostProvide the name of your source (online journal)Provide an overview of the issue at handSummarize the articleAnalyze the event or situation based on a concept covered in this unit.Support your response with at least one credible reference.Response Posts
Select two peers to respond to.Explain why you agree or disagree with their analysis.Support your responses with credible references, where applicable.Student 1Hi class,Article: To win EV wars, Europe’s auto CEOs want more taxes on gas guzzlersFor this week’s discussion, I chose an article on how automakers in Europe want to boost sales of their electric vehicles by raising taxes on conventional vehicles that use gas and diesel. The electric vehicle automakers are calling on their government to introduce new taxes on carbon dioxide emissions from gas- and diesel-powered vehicles with levies in the form of highway tolls or higher fuel taxes. The issue they face is that most traditional automakers still build and sell regular vehicles and raising taxes could hurt sales of those vehicles. By implementing a higher tax on carbon emissions, they hope to ensure electric vehicles remain an attractive option for buyers since subsidies for EV are set to expire. Germany’s main automotive lobby has called on the EU to provide tax exemptions for EVs and cars that run on biofuels. The EU has been focusing on finding ways to become more environmentally sustainable, as has many other countries. The article also mentions President Biden calling for an increase in gasoline taxes, but Biden’s administration believes it will unfairly burden low-income households.This article highlights the need and actions being taken to find more environmentally friendly fuel alternatives and the strategy that EV automakers are using to do it. By making fuel and diesel-powered vehicles more expensive to operate, they believe it will make EV a more comparable option. I think their strategy will help get more EVs on the road, but I also think it will hurt the economy and be a burden to people who simply cannot afford them. I think this strategy could end up being a case of trying to do something helpful that will eventually backfire and cause economic repercussions. The government may try to assist with climate control, but it seems as though the EV automakers are trying to use leadership power to help increase their vehicle sales and use the gas taxes for their own personal gain. Wanting electric vehicles to replace fuel-powered vehicles is a great idea, and I agree it would be beneficial to our environment, but until the price is more economically affordable, I do not think it is smart to impose higher taxes on gas- and diesel-powered vehicles. If gas and diesel become more expensive and harder to come by, it can cause inflation and force many big businesses out of the country.ReferencesBoston, W. (2021, April 20). To Win EV Wars, Europe’s Auto CEOs Want More Taxes on Gas Guzzlers. Bangkok Post (Thailand).Boston, W. (2021, April 16). To Win Electric-Vehicle Wars, Europe’s Auto CEOs Want More Taxes on Gas Guzzlers. Morningstar. https://www.morningstar.com/news/dow-jones/202104164124/to-win-electric-vehicle-wars-europes-auto-ceos-want-more-taxes-on-gas-guzzlers.Geringer, J. M., Ball, D. A., Minor, M. S., & McNett, J. M. (2016). International business. McGraw-Hill Education.Student 2Source: Business Manchester, Virtual trade mission to New York for B2B tech companies also see Global Scale-Up ProgrammeThis article, published by Business Manchester, identifies a trade mission opportunity for London and Manchester tech businesses to explore possible expansion into North America. This particular trade mission promotes minority backgrounds of tech founders as part of the Race Ethnicity And Cultural Heritage (REACH) Mission. I think this opportunity fits with the change in tides in promoting diversity in the work place but on an international scale of building business relationships. Since the article was rather short, I also followed the link to the Global Scale Up Programme web site. The program as a whole provides a resource for Manchester based businesses to explore building partnerships and begin international planning with the use of an account manager. The cohort brings together various global market opportunities and peer networking to help develop Manchester businesses. In chapter 12 of our text, we learned about trade missions and trade fairs. The use of these events is to bring different business people or governments together to promote opportunities, products, and face-to-face networking. Being military and also involved in the tech industry, I think this is a great way to scope out the competition but also seek out ways to improve different methodologies and build relationships to foster innovation. ReferencesWhitear, S. (2021, April 22) Virtual trade mission to New York for B2B tech companies. Business Manchester. https://businessmanchester.co.uk/2021/04/22/virtual-trade-mission-to-new-york-for-b2b-tech-companies/ (Links to an external site.).Global Scale-Up Programme (n.d.) Know You’re Limitless: The Global Scale-Up Programme. Business Growth Hub. https://www.businessgrowthhub.com/global-scale-up-…