Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Developing an export strategy a four step model

27/03/2021 Client: saad24vbs Deadline: 2 Day

Read the following chapters from : Wild, John J., Kenneth L. Wild & Jerry C.Y. Han. International Business: The Challenges of Globalization, 5th Edition. Pearson Learning Solutions

12 Analyzing International Opportunities

Learning Objectives

After studying this chapter, you should be able to

1 Explain each of the four steps in the market- and site-screening process.

2 Describe the three primary difficulties of conducting international market research.

3 Identify the main sources of secondary international data and explain their usefulness.

4 Describe the main methods used to conduct primary international research.

A LOOK BACK

Chapter 11 showed us how companies plan and organize themselves for international operations. We explored the different types of strategies and organizational structures that international companies use to accomplish their strategic goals.

A LOOK AT THIS CHAPTER

This chapter begins with an explanation of how managers screen potential new markets and new sites for operations. We then describe the main difficulties of conducting international market research. We also identify the information required in the screening process and where managers can go to obtain such information.

A LOOK AHEAD

Chapter 13 describes the selection and management issues surrounding the different entry modes available to companies going international. We examine the importance of an export strategy for exporters and the pros and cons of each entry mode.

Global Buzz Over Starbucks

Osaka, Japan — Starbucks (www.starbucks.com) began its global journey in 1996 with its first coffeehouse in Tokyo, Japan. Pictured below is a Starbucks located in the Japanese city of Osaka. Today Starbucks has around 1,500 coffeehouses in 43 markets outside North America. Although it has closed some underperforming stores, Starbucks still creates a buzz worldwide.

Starbucks brought European-style coffee to the United States and then took its American-style coffeehouses to Europe. The coffee giant was right that paper-cupped lattes and nonsmoking venues could take on Europe’s traditional cafés. Although in Britain since the late 1990s, Starbucks waited patiently before steaming into Zurich, Switzerland, in 2001 and into Paris, France, in 2004. Starbucks carefully researched Europe’s markets before opening its first European café in Zurich, and then branching out to other nations. With its multicultural and multilingual population, the Swiss market gave Starbucks a “tremendous opportunity to learn how to operate elsewhere in Europe,” revealed Mark McKeon, president of Starbucks Europe, Middle East, and Africa.

Source: © Andy Rain/CORBIS. All Rights Reserved.

At the same time, Starbucks introduced a coffee culture to tea lovers in China. Starbucks is encouraged by the fact that one-third of all Chinese households keep a jar of instant coffee on hand. Starbucks is trying to make coffee the drink of choice for the average 18- to 45-year-old Chinese consumer. “Per capita consumption of coffee in China is very small,” admitted Howard Behar, president of Starbucks Coffee International. “But what you have is a tremendous amount of people, so the market will grow.”

Starbucks founder and CEO, Howard Schultz, says that an integral component of Starbucks’ strategy is its image as a fair-trading multinational, which it acquired by promoting its “fair trade” coffee. As you read this chapter, consider how companies research, analyze, and select the international markets they will enter.1

Companies traditionally become involved in international business by choosing to enter familiar, nearby countries first. Managers feel comfortable entering nearby markets because they likely have already interacted with the people of those cultures and have at least some understanding of them. Companies in Canada, Mexico, and the United States often gain their initial international experiences in one another’s markets. Likewise, businesses in Asia often seek out opportunities in one another’s markets before pursuing investment opportunities outside the region.

Yet companies today find themselves bridging the gaps presented by space and culture far more often than in the past. For one thing, technological advances in communication and transportation continue to open markets around the globe. Some companies can realistically consider nearly every location on earth as either a potential market or as a site for business operations. The expansion of regional markets (such as the European Union) also causes companies to analyze opportunities farther from home. Businesses locate production facilities within regional markets because producing in one of a region’s countries provides duty-free access to every consumer in the trade bloc.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Homework Tutor
Supreme Essay Writer
Smart Accountants
Buy Coursework Help
Assignment Helper
Homework Master
Writer Writer Name Offer Chat
Homework Tutor

ONLINE

Homework Tutor

I will cover all the points which you have mentioned in your project details.

$43 Chat With Writer
Supreme Essay Writer

ONLINE

Supreme Essay Writer

You can award me any time as I am ready to start your project curiously. Waiting for your positive response. Thank you!

$46 Chat With Writer
Smart Accountants

ONLINE

Smart Accountants

I have read and understood all your initial requirements, and I am very professional in this task.

$30 Chat With Writer
Buy Coursework Help

ONLINE

Buy Coursework Help

I have read your project details. I can do this within your deadline.

$58 Chat With Writer
Assignment Helper

ONLINE

Assignment Helper

Hello, I an ranked top 10 freelancers in academic and contents writing. I can write and updated your personal statement with great quality and free of plagiarism

$18 Chat With Writer
Homework Master

ONLINE

Homework Master

I have read your project details. I can do this within your deadline.

$61 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

History ask questions get answers - Is ganahl lumber cheaper than home depot - Walmart employee job satisfaction - Nursing - Birdcage analogy of oppression - How to do limiting reagent questions - Physiological Psychology - Authentication applications in cryptography and network security - Systematic and Unsystematic Risk Discussion Questions - Solutions chapter 12 review - Advantages of self report measures - Assignment Due 10/05/2020 APA Format Power Point!! - Cpo focus on physical science answer key - 2014 advanced maths hsc - The big mower coolalinga - Centre for clinical interventions - Section 12.3 gathering weather data worksheet answers - Queens hospital romford blood test - Www printeron com ddl bear - Breastfeeding persuasive speech - Develop a Computer/Internet Security Policy - Baroque period music dates - Post lab questions biology - What are expressive techniques in music - Dc62 research server room - Current event summary - Pmi lexicon of project management terms pdf - Describe the treatment of women at the humanist schools - Endress hauser fmr57 manual - How to write an informative speech outline - Postofficemoney co uk register - Unit 3 Assignment - (HRM303) - Optimizing learning in college tips from cognitive psychology - Hp laserjet pro cp1525nw color printer price - Questions asked at pearson job interview - How to write reggae bass lines - 9 della torre crescent ivanhoe - Nhs grampian gluten free order form - I need 300 words in Systematic risk, also known as "market risk" or "un-diversifiable risk" - Consumer affairs victoria body corporate - OB6 - Dia de los muertos outline - 6 traits of writing rubric - 2 Discussions Subject is Healthcare - Friend or foe chapter 1 - Calibration of ocular micrometer for each objective lens - Art History Essay - Eg booz old cabin whisky ebay - Brilliant answers case study - Which ions remain in solution after pbi2 precipitation is complete - Discussion Help - Art appreciation chapter 4 quiz - You are using an exponential smoothing model for forecasting - Sylvia plath youtube - Customer buying criteria capsim - Mercantile recovery solutions sdn bhd - Project acceptance form template - Nike goods and services offered - Dramatic devices used in romeo and juliet - Nature, Origin, and Function of the Self - Faraday law of induction lab report - 2 chronicles 19 11 - 7447 to 7 segment display - Cyse paper 8 - Effectiveness of advertisement using aida principle - The all or none law - Yvw com au paying - Mr karmani spinal surgeon - Lock5stat - Career transitions center of chicago - Chapter 5 medicine and law study guide answers - Of paramount significance in the tabernacle was the - Tertia optica area of the brain - Annualized forward premium - Choir of hard knocks clarko - RP - Nhp rcbo wiring diagram - Matlab code for huffman coding pdf - How to breed rexx in monster legends - First they came for the communists poem - Autism alert card hampshire - A rigorous investigation answer key - 17 elements of iso 14001 - Psychotherapy With Individuals - Tree of life narrative therapy exercise - The best manufacturing company is considering a new investment - Business law essay questions and answers - Association of radical midwives - Was the thane of cawdor a traitor - Does sleep inn drug test - Andrew jackson good evil and the presidency video questions - Successful writing at work concise 4th edition pdf download - Extron cable cubby 500 cut out template - Secretary certificate sample philippines - Strack martin stepper 1988 pen in mouth - Allergy asthma & sinus center judge gurdev md - Psychology 201 practice test - How to calculate iv rate per hour - Chemistry of sodium bicarbonate - Https login apus edu padsts