Question
Choose an international organization (with any product) of your choice preferably where you are working or worked with or familiar with and make an entry
Choose an international organization (with any product) of your choice preferably where you are working or worked with or familiar with and make an entry plan for international markets. Your report should investigate various factors that influence the entry mode of the company into the global market along with the potential barriers that might hinder the expansion of the chosen firm. Various marketing strategies in order to enter into the international market should also be explored. The details of the expected project report format are given below:
- Executive Summary:[ 10 ]
- Introduction: Provide some background information on the chosen organization in the context of marketing management. [ 5 ]
- Application of theory into practice: The following concepts/theories/models should be covered:
- The role of marketing models, tools and techniques in developing new products and effective marketing plans. The models discussed should include at least one model among (Porter's Model, SWOT Analysis, and PESTLE).[10 ]
- Analyze the existing segments, targeting and positioning of the company. [ 20 ]
- A critical evaluation of the marketing mix of the chosen organization. [20 ]
- Evaluate the strategy by using at least one Model among (BCG Matrix, Ansoff Matrix, and Product Life Cycle Model).[ 10 ]
- Conclusions and Recommendations: Provide recommendations for an adequate marketing strategy for the chosen organization to expand the business in the global market. [ 5]
- Chosen organization - NESTLE
Step by Step Solution
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Executive Summary Nestle a multinational food and beverage company is looking to expand its business into international markets This entry plan will a...Get Instant Access to Expert-Tailored Solutions
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