Market Entry Strategies

Langue : anglais

Edité par GRIN Verlag, GRIN Verlag Sep 2010, 2010

3640672151 / 9783640672158

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This item is printed on demand - Print on Demand Titel. Neuware -Research Paper (undergraduate) from the year 2010 in the subject Business economics - Offline Marketing and Online Marketing, grade: 1,0, University of Applied Sciences Fulda, course: International Marketing Management, language: English, abstract: Globalization has increased the competition amongst firms. There are more and more companies which are motivated to conquer foreign markets and enlarge their presence on these markets. For multiple reasons, companies adopt modes to enter foreign markets and find new channels of distribution. Choosing the right and appropriate market entry strategy has a growing importance. As a matter of fact, companies should align their strategy to their objectives and adapt them to the foreign markets environment. There are numerous different entry strategies which are all linked to different entry modes, different amounts of risks or costs. From the least costly mode to the most expensive one we distinguish three main strategies: Export is characterized by the transportation of finished goods from one country to another. The distribution on site is done by an intermediary or by foreign based distributors or agents. Joint Venturing includes different characteristics of various joint contracts with firms to produce or promote services or products. Direct investment is, when a company decides to invest directly into a foreign country by either establish an assembly operation, a wholly-owned operation as well as a merge or an acquisition. Each of the market entry strategy has both, advantages and disadvantages. The less costly the strategy is, the less control the company has over the distribution channel. Consequently, the company depends more or less on foreign institutions or foreign partners. All in all a company has to figure out for itself which strategy to choose, according to its particular situation, financial as well as economical and environmental. Therefore, before entering a market, a previous comprehensive research and analysis of the target market and its economic environment is indispensable to achieve a successful launch into an unknown market.Books on Demand GmbH, Überseering 33, 22297 Hamburg 24 pp. Englisch.

N° de réf. du vendeur 9783640672158

Titre
Market Entry Strategies
Auteur
Viktor Tielmann
Éditeur
GRIN Verlag, GRIN Verlag Sep 2010
Année de publication
2010
État de l'article
Neu
Reliure
Taschenbuch
Langue
anglais
ISBN à 10 chiffres
3640672151
ISBN à 13 chiffres
9783640672158
Poids de l'article
51 grammes
Dimensions
210x148x3 mm

buchversandmimpf2000

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