eFoods Global Business Opportunity Review – Emergency Food For Long Term Storage

eFoods Global business opportunity is based on the idea that during economic, geopolitical or natural disaster, emergency food for long term storage can be more valuable than cash or gold. If you are hungry you need food. They contend food could be the new currency when reserves are essential. Is this kind of business idea something that could work for you?

The eFoods Global business was created from Sundance Global, a marketing company founded by Steve Shenk and six other executives and launched in October 2010. The founder claimed Sundance Global had been 28 years in the making, because his prior company eFoods Direct, created emergency food for long term storage that was successfully sold without any inducement for additional earnings from individual marketing or profit potential.

15 – 30 Year Emergency Food Storage

The emergency food for long term storage products appear to be well designed and include a variety of foods such entrees, soups, granola and baked goods. The items are dehydrated and purged of any remaining oxygen with CO2, then stored in mylar pouches. Shelf life of baked goods is 3 years. In theory, the other items have indefinite life span but are best used within 15 years.

eFoods Global products are not all organic but contain organic items and are created from “premium” food sources. No MSG or hydrogenated oils are used. All foods are vegetarian. Meat products are simulated with textured vegetable protein (TVP).

Food Reserves Business Plan

The eFoods Global business model offers 6 free meals and also gives free samples to encourage new customers to sample the flavor. Shipping and handling are additional. The essentials pack sells for $349.95 and the variety pack for $99.95. Membership cost is $29.95. The company provides a replicated web site with a video describing food storage as the “new currency that will change the way you think.”

The compensation plan is a binary multilevel, paying 10% weekly on the smaller of two down line “legs,” so you cannot simply sponsor one superstar and kick back, but must also develop the other leg. 25% matching bonuses are paid on people you personally sponsor, with 5% bonuses paid down to the 5th level. The compensation plan also includes weekly food credits.

The provided web site is very nice, and acknowledges the advantage of being able to find people online for your marketing efforts. To create significant income you need to build a large enough organization. We did not see training available through the company apart from providing the site.

To differentiate yourself from the other IBOs or Independent Business Owners in the system, you will need to brand and market your own web site to stand out from the competition, by using additional online marketing methods and strategies.

Global Business Schooling Opportunities

Conducting business in a foreign country differs from how professionals perform work related duties in America. Many factors contribute to this difference and students can learn to perform business functions overseas by completing an educational program in global business. Colleges provide many opportunities for students to understand the global economy inside a business setting.

Educational study encompasses the entire global environment as is relates to business strategies, operations, and problem solving techniques. Students walk away from a program with a global mindset that is utilized to conduct business with foreign professionals and customers. Training covers everything from global trade to how different cultures affect the way countries carry out business. To fully grasp all the needed knowledge to work in the field students are required to have at least a bachelor’s degree. The two most common completed programs by students are at the bachelor’s degree and master’s degree level. Each program focuses on business practices as they relate to working with and managing a global business.

The education gained inside a bachelor’s degree program focuses on teaching students about:

  • Business Law
  • Accounting
  • Marketing
  • Global Trade
  • International Cultures

Coursework focuses on these areas and more to train students to help a business thrive in the global marketplace. Undergraduate study focuses on completely incorporating business practices with understanding the global economy. Many students complete a global management degree because of the skill set earned within a typical program. The combination of global business relations and management skills prepares students to work with a business on all areas including trade, investment procedure, finance, human resource management, and accounting. A prominent course inside a bachelor’s degree is a business strategies course. Work related to international payments and trades is emphasized. The goal is to teach students to create an effective multinational enterprise by identifying appropriate global operations.

A global business master’s degree centers on providing students with general and specialized knowledge in areas that include:

  • Foreign Politics
  • Customs
  • Global Institutions

Education follows not only the business aspect but also the cultural aspect of the global economy. Schooling focuses on the importance of cultural awareness and economical control of working with a global economy. Courses in political science, diplomatic strategy, global ecology, international law, and finance are worked through. These industry areas provide students with the understanding of how different countries conduct business with each other. Continuing education can be pursued in a related doctoral degree or a postgraduate certificate program.

Accredited Schooling opportunities are available to teach students to use the global economy to expand business. Accreditation is provided by agencies like the Association to Advance Collegiate Schools of Business (http://www.aacsb.edu) to schools that can provide a quality education. Other key components that students are able to use inside a career include advising companies on international matters and markets to meet the consumer demands for a particular product. Students that earn a degree will be able to work in management and top-executive positions inside a business. Enter the global economy industry by taking advantage of the many schooling opportunities available.

DISCLAIMER: Above is a GENERIC OUTLINE and may or may not depict precise methods, courses and/or focuses related to ANY ONE specific school(s) that may or may not be advertised at PETAP.org.

Copyright 2010 – All rights reserved by PETAP.org.

Global Business World – Three Strategies You Should Consider

This article introduced three strategies of globalization business and analyzed the relations among them; then offers some essential decisive-related questions for strategy scheme and decision making; and at last summarizes some issues for executives to think about.

The globalization directly affects the competitive situation of the world, it is necessary to make good use of strategies and reduce risks in order to establish and lift the power of business competition.

Because competition is emerging in very much different markets, today’s businesses are forced to be globalized in non-traditional ways. Before enterprises make a presence in markets just so that they know what competitors in that market are doing and use it as a window to look into new trends and new competitive strategies. These are just some of the reasons that require businesses today to have a global mindset-it is an essential factor for survival.

Followed are three strategies for globalization business.

The first is to adjust measures according to local conditions of target area, and it’s the essence of all global business strategies. There are differences in terms of costs for different raw materials, labor power, working skills, and institutional infrastructures. The decision makers with a global perspective, have to recognize the differences across countries and account for them in the strategic decisions. Those decisions may have to do with customers, raw materials, manufacturing, capital funds, market capacity or any of the dimensions on which strategic plans are made. Thus, a company in a labor-intensive business that fails to account for labor cost differentials across countries.

On the contrast, the second strategy is to fully use the similarities across countries. Because there are significant similarities, it means that products, skills and investments that are made or developed for one market have the potential to be leveraged in multiple geographic markets. The similarities imply that a product  created or developed in some market can be sold in another market without having to be reinvented. What that enables a business to do, for example, is to use its research and development dollars by selling a proven product from one market, usually the company’s home market, to different countries. This advantage is particularly significant in businesses like pharmaceuticals that are research and development intensive.

The above two strategies of similarities and differences across markets are not opposite ends of one scale. Rather, they are complementary dimensions and should both be leveraged. An executive needs to ask what the similarities and differences are across markets. It then becomes a matter of strategic choice whether to exploit similarities first or differences first or both simultaneously, in order to take advantages of the global potential that lies inherent in each business.

The third of globalization business strategy is about the fundamental choices. Typically, these decisions involve four considerations: operations and costs; customers and markets; competition; government policies. Does the product have a committed champion? Can a product sold in multiple markets increase competitive advantage in home market? Are the competitors in that particular market already global and therefore, does the company needs to have a presence in multiple markets to be able to defend against the competitors? Sometimes, answering these questions in the context of a company’s organization is as much an administrative as an economic and strategic process.

 
Ultimately, an executive must make sure that the company has a presence in multiple markets and view it like a global game of chess. He must coordinate competitive moves across countries; consciously decide in which country to launch a product, where the global competitors are strongest, where the cost structure is lowest, and where the business is likely to get the quickest market feedback. Then he must decide how to launch the product in other markets and how to manage pricing in multiple markets. It is the global chess game rather than individual market share games being played in local area. Unless all elements fit together, it is difficult to develop the competitive global business.

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