International Business
There are several reasons why my company would want to market overseas. Selling overseas is a great way to expand one's market potential. In a country like Turkey, we would be adding another 80 million or so potential customers. This can help us to fill existing capacity, to generate new revenue and it can also serve to provide us with some geographic diversification (Gordin, 2011). If we are already producing in Turkey, selling there would give us an opportunity to create an operating hedge on the Turkish lira.
There are a number of different methods for expanding abroad. These are exporting, licensing, joint ventures and direct investment. Exporting implies using the current production capacity but shipping the products overseas. Licensing would be hiring a local Turkish firm to produce for the Turkish market, with us providing the specs and licensing the brand. A joint venture would be to enter into an equity partnership with a local company where each company would bring something to the joint venture company. Direct investment involves setting up our own subsidiary in order to handle the Turkish market, presumably manufacturing there as well as selling (QuickMBA, 2010).
Pink...
In this case, the authors say not much is understood in terms "…of how it support for knowledge management practices in organizations affects the development of TMS (transactive memory system) (Choi, et al., p. 855). In this research, the trio of researchers have come up with several interesting findings relative to the impact of information technology. Indeed, after researching 139 technology teams (743 individuals) in South Korea, they learned that:
The EU, first and foremost, takes care of its own interests. Turkey's candidacy reflects EU interest of expanding its sphere of influence, but the sluggish pace of negotiations reflects the EU's defense of Cypriot and Greek interests as well as issues with respect to natural gas and illegal immigration. The EU has traditionally emphasized European cultural values as a prerequisite for entering the union. Historically, these values have been reflected
Metricum International Business Management Review of International Strategy at Metricum Overview of the Metricum Company Metricum is an SME manufacturer of materials handling equipment and intelligent handling systems. It has been based in the east of England for the last 28 years and has been catering to clients in several parts of the world. The company exports equipment to 40 countries around the world and has manufacturing facilities in Sweden and China in addition
Finding ways to delegate authority is an important thing for entrepreneurs when they grow. When a company is in the beginning or high growth stage of the business cycle, there comes a point when the founder must let go some control so that the business can be more professionally run. The current business model is somewhat aimless, but oriented towards high end positioning. An alternate direction is that the business
Asia Pacific Business China and Australia A Contrast and Comparison The purpose of this paper is to: Compare and contrast the characteristics of industrial and institutional environments in one of the nine (9) Asia Pacific countries identified by Lasserre and Schutte with those of Australia; and II. Further this work will discuss South Korea in relation to their adoption of a similar business system and institutional framework which is the same as that
Vape Nation Business Plan Company Identification Mission of the Company Business Goals Keys to Success Company Summary Industry History Legal Form of Ownership Location and Facilities Management Structure Products and Services Market Analysis Target Market Industry Analysis Market Strategy Price List Promotional Strategy Sales Forecast Implementation Strategy Overall Strategy Monitoring Plan F. Financial Statements and Projections F1. Forecasted Profit and Loss Statement F2. Forecasted Balance Sheet G. Financial Report G1. Financial Projections G2. Financial Position G3. Estimated Capital/Investment Needs Executive Summary Suggested length of 1-2 pages Company Identification: Vape Nation, based in the U.S. in California is national start-up that
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now