Case Study Us. Department of Commerce

8/4/2019 Case Study Us. Department of Commerce.

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US. Department of Commerce

Established in 14 February, 1903.

This is the Cabinet department of the United

States government concerned with promoting

economic growth.

Primarily it was created as the United States

Department of Commerce and Labor on

February 14, 1903. Later it was renamed as

the Department of Commerce on March 4,

1913, and its bureaus and agencies

specializing in labor were transferred to the

new Department of Labor.


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Mission

The mission of the department is to "promote

job creation and improved living standards for

all Americans by creating an infrastructure that

promotes economic growth, technological

competitiveness, and sustainabledevelopment."


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Key Activities

Gathering economic and demographic data

for business and government decision-

making.

Issuing patents and trademarks.

Helping to set industrial standards.

Counseling the US firms effectively who arewilling to engage in international business.


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United States Secretary of

Commerce

Gary Locke

Appointed in February 25,2009.


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Questions1. What are the key business challenges

facing companies in supporting their

global marketing and expansion efforts?

How Askme knowledge management

system helping to meet this challenge?

Explain.

2. How can the Askme system help to

identify weakness in global business

knowledge within the department of

commerce?

3. What other global trade situations could

the Askme system provide Information

about? Provide some examples.


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Answer to Question 1

Key Business Challenges

How to make their product acquainted with

the potential customers of the desired

market?

What are the country specific requirements

to start business?

What are the legal issues concerning any

specific business in any country?

How is the competition in any given business

and the status quo of the competitors?


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Answer to Question 1(Cont.)

The impact of AskMe Knowledge management

system

AskMe knowledge management system is

making it easy for U. S. companies do things

such as perform international market research or

locate overseas partners.AskMe knowledge management system is

helping to meet the challenges by identifying the

people and providing resources to solve

problems via the Web. They post answersaccording to different subject categories,


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global marketing and expansion efforts?How Askme knowledge management


Explain.




commerce?





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The AskMe system can help to identifyweaknesses in global business knowledge by

examining the pattern and topic of the questions

the company asked and if a lack of documentsposted by the trade experts is perceived, the DOC

can identify where the gap is regarding

information counseling or subject knowledge and

notify the concerned authorities to take steps to

provide sufficient information regarding the topic.


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global marketing and expansion efforts?How Askme knowledge management


Explain.




commerce?





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Besides the aforementioned circumstances when

the AskMe system can provide information thesystem can be used in other states of

international business like-

Notify the business personals about the

opportunity of their business globally.

Communicate different legal and

demographic issues of different parts of the

world which will make the business much

profitable.

Provide information about the most

investment friendly regions.


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Thank You

Documents

Case Study Us. Department of Commerce