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What Are The Kinds Of Entry Strategies

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Generally, in many cases the organizations wishful if they have a global presence for many reasons; o The demand in the local mark decreases. o New rivals in the local market with low cost products or with better quality. o The organisations are successful and they have the capacity to expand globally. o New opportunity into enter a market that has shortage in a specific services or products.
And many other reasons. But these organizations should decide which strategy to use among all the kinds of entry strategies. The strategies are;
Foreign direct investment (FDI) which is the investment that made by an organization from a country that benefits the other country by operating there physically, (Staff, 2017). FDI includes;
 Joint venter, …show more content…

Final market entry strategy selection
Among all the strategies that discussed and explained previously, the most appropriate one is wholly owned subsidiary.
The kind of service require the company to be there in Jorden physically, according to that licensing and franchising strategies are excluded.
There are no specific products, consequently there is no exporting.
The company have the choice for joint venter there, but the existing entertainment companies in Jorden considered weak. If Al-Hokair have this kind of business and shared ownership with the local company, Al-Hokair will have only a part of the sales profit and they will afford huge expanses in renew and develop the business there.
By applying wholly owned subsidiary Al-Hokair will have the control on all over the business and easily can managed it as the company sees. Moreover, they will enjoy operating in Aqaba and Amman Where they are critical cities and considered as investment hubs which full of tourism, which will guarantee the successfulness of the business.
Under applying this strategy, there are two options, either Al-Hokair goes for greenfield or acquiring the exist entertainment parks there. Through considering the costs of starting up the business, the time that will spend until finish all the legal license and the local residents’ purchasing power and income, Al-Hokair should go with acquisition. By acquiring the exist entertainment parks the

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