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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.

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 sustainable development."

Key Activities
Gathering economic and demographic data for business and government decisionmaking. Issuing patents and trademarks. Helping to set industrial standards. Counseling the US firms effectively who are willing to engage in international business.

United States Secretary of Commerce

Gary Locke Appointed in February 25,2009.

Questions
1. 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.

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?

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 answers according to different subject categories,

Questions
1. 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.

Answer to Question 2
The AskMe system can help to identify
weaknesses in global business knowledge by examining the pattern and topic of the questions the company asked and if a lack of documents posted 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.

Questions
1. 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.

Answer to Question 3
Besides the aforementioned circumstances when the AskMe system can provide information the system 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 investment friendly regions. the most

Thank You

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