Go Global with Smith!

Doing Business in Chile: Exploring the Business Value Chain in Chile

COURSE CANCELLED

Chile is a beautiful, exciting country renowned for its economic stability in the South American region. It leads South and Latin American nations in competitiveness, quality of life, economic freedom, and boasts a low perception of corruption. Some of Chile's famous exports include grapes, excellent wines, and fine fish. Chile's progressive economic policies mean that the U.S. is a major destination for Chilean products and services and this class will examine the highly professional and reliable supply chain network and marketing strategies that contribute to the country's wealth.

In addition to the focus on supply chain and marketing strategies adopted by Chilean companies to support their domestic and global expansion strategies, students will explore businesses in several disciplines and learn about the country's culture and history. Students will hear from U.S. companies that have engaged in Foreign Direct Investment in Chile, and again the focus will be on the supply chain and marketing strategies adopted by these companies to ensure their success in this foreign market.

We will explore the development and performance of the Chilean economy in a world continuing to undergo rapid globalization. Capitalizing upon its stature as an economically and politically stable country with an abundance of strong market segments, Chile continues to expand its business presence globally. An integrated set of course readings, cultural excursions, and business visits will facilitate the learning described above. Students will come back with an understanding of the political and economic history of Chile and its place in the global economy. The visit should also provide the students with an idea of the importance of foreign investment in the region. Students are expected to attend pre-departure meetings and complete required readings and deliverables in a timely fashion.