Question
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
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