Question
Based on the global business opportunity identified post COVID 19 (or a different international business enterprise or idea), research information related to the following: Any
Based on the global business opportunity identified post COVID 19 (or a different international business enterprise or idea), research information related to the following: Any Business which you would love to start
1. POTENTIAL COMPETITORS Identify companies that: A. have business activities similar (or related) to the business opportunity you are proposing; and B. operate in the country (or countries) that you are considering for your international business enterprise.
2. COMPETITIVE ADVANTAGES Discuss the competitive advantages of these companies. (For example, some companies may gain a competitive advantage as a result of access to raw materials, others may gain an advantage through the use of technology for production and distribution or as a result of a well-known brand name.)
3. INTERNATIONAL STRATEGIES Compare the international business strategies of these companies. Do these companies make use of standardized products and operating policies? Or, do they use a strategy that is adapted to various foreign markets? (Film is sold in standardized formats around the world while laundry detergents are adapted to clothes washing habits and water hardness.
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