Differentiate between the major benefits and potential pitfalls of sourcing from Thailand for Blades after conducting your country risk assessment.

"Doing International Business" Please respond to the following: From the case study and e-Activity, differentiate between the major benefits and potential pitfalls of sourcing from Thailand for Blades after conducting your country risk assessment. Deter

The major benefits of sourcing from Thailand for Blades include access to a large and skilled labor force, competitive labor costs, diversified natural resources and incentives offered by the Thai government. Additionally, with its well-developed economic infrastructure and transportation networks, it is relatively easy to source products from Thailand.

Potential pitfalls of sourcing from Thailand would be the political instability in the region which may lead to increased risk of disruption in exports; additionally there are strict laws regarding intellectual property rights that must be adhered to. Furthermore, depending on the product being sourced there may be certain import/export regulations or taxes that need to be taken into consideration when doing business in this country. Finally there is always a risk associated with quality control when dealing with overseas manufacturers as communication can present difficulties.