Question
Appendix 3 Marketing EnvironmentOn the basis of the information summarized in section 1, compare the two markets in terms of the following issues and draw
Appendix 3 Marketing EnvironmentOn the basis of the information summarized in section 1, compare the two markets in terms of the following issues and draw some conclusions as to which market is preferable under each of the main categories. Are you satisfied that you have enough reliable evidence to make a selection? If not, what additional information would you need?1. Country profiles: current size and future growth potential2. Political characteristics and stability3. Government policies affecting business4. Commercial infrastructure5. Physical factors6. Canadian experience in the country7. Customer profiles: wealth, ability to pay8. Product/service fit with customer preferences9. Technological factors influence10. Strength of demand for product service11. Competitive barriers to entry12. Regulatory barriers to entry~After considering how the 2 countries compare in terms of the above issues, consider the following:13. What role could each country play in the company's overall strategy? Is it the same role in each case?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started