Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q1 and Q2 Q1. I haven't choose snack but i already chosen the country ( china).. please help me to solve this. Your company manufactures

Q1 and Q2

Q1. I haven't choose snack but i already chosen the country ( china).. please help me to solve this.

Your company manufactures local delicacies and snacks from various parts of Malaysia which are presently locally. Your managing director is keen to expand his business into one of the emerging markets of China country . You have been asked to conduct market research into those countries and assess the attractiveness of the countries concerned and to select the best option for the initial expansion. report to the Board on how you would evaluate the countries concerned, the market entry strategy to be adopted and the degree of global integration and localisation. Provide justifications for your recommendations.

should include information on the following:

  • Macro-level analysis:
  • political/legal environment
  • economic environment
  • social/cultural environment,
  • overall business climate of the country.
  • Micro-level analysis:
  • market size
  • market growth rate
  • competitors both local and foreign
  • market similarity.
  • Market entry strategies (consideration of options available)
  • Exporting
  • Licensing/Franchising
  • Joint venture
  • Direct investment
  • Global integration vs localisation

Useful Websites

American Marketing Association http://www.marketingpower.com

Asia One http://www.asia1.com.sg

Asia-Pacific Economic Cooperation http://www.apecsec.org.sg/

BBC World Service http://www.bbc.co.uk/worldservice

Company Readiness to Export http://ciber.bus.msu.edu/diagnostictools/core_v.asp/

Economist, The http://www.economist.com/

Financial Times, The http://www.financialtimes.com

Forbes http://www.forbes.com

GeoCities http://www.geocities.com

Globalization Guide (Monash) http://www.globalisationguide.org/index.htm

Global Trade Watch http://www.citizen.org/trade/

Harvard UniversityBusiness School http://www.hbs.edu/dor/

India's News.Net http://www.indiasnews.net/

International Association of Business Communicators http://www.iabc.com/homepage.htm

International Herald Tribune http://www.iht.com

Wall Street Journal, The http://www.wsj.com

Wired Magazine http://www.wisewire.com

Q2. : Discuss the potential benefits of regional integration

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management

Authors: John A. Pearce II , Richard B. Robinson

12th Edition

007128950X, 978-0071289504

More Books

Students also viewed these General Management questions