Winter Break Essay

What are some factors companies (and your learning team) need to consider before attempting to enter foreign markets? Assuming you were setting up a market program for a product in a foreign country (and you are), what should you take into consideration? Assume you are developing an advertising strategy for the promotion of a new product (and you are). What are some things you should consider?

In a time of global commerce, new business ventures can take on many forms. What used to be local or even national companies have become world-wide. International growth of a business can be extremely beneficial but is not without its challenges. Different countries have different peoples and different cultures - different ways of doing business altogether. If a venture is to be successful, these differences must be well understood.

The first recommendation for this firm is to adopt a global policy and try and explore new markets so that market growth and market share can be expanded. In case of a firm entering an international market, it requires to analyze the nature of the market and suitably form its marketing strategies in alignment with its business strategy and decide whether it is more beneficial to adopt a global approach or use a strategy that is customized to suit the needs of the local customers.

Doing business overseas takes time and patience. It requires new relationships to be established; therefore, it is important to have an established business model that works according to plan. The most favorable markets are politically stable developed and developing nations with free market systems, low inflation, and low private sector dept. The less desirable markets are politically unstable developing nations with mixed or command economies or developing nations where speculative financial bubbles have led to excess borrowing.

During Spring Break, I was able to make changes to my paper. I was able to finish my methodology, make edits by contacting my mentors and editors, and I am currently concluding my findings and research analysis. I also able to study and develop a better knowledge regarding qualified immunity (in regards to the Fourth Amendment and protection for police officers), police training (in regards to reasonable/excessive force), the rating at which African Americans are being killed by police, and last but not least, the corruption and power that lies beneath the criminal justice system. In terms of force, the issue is that the amount of force used to subdue an unwilling criminal is a judgment call by a police officer. There is no universally accepted

If you are ready to start doing business on an international level, there are some considerations to keep in mind. These five tips will help to ensure a successful business venture in the global market.

On the last day of the semester, I was still a bit sick, but I had to take my exams. After I finished and corrected the language arts exam, I got a 90 and I was happy. I texted my dad and he came and got me from school. When I got home, I slept for an hour. Then most of the break was playing on my computer.

I have figured my essay out, and I hope that it is not like a “report” right now. Could you please help me to check it, and give me some other comments too?

Making business abroad can be risky, but it can also be profitable for a company as well; thus the necessity to study in deep the country where the company will bring the business to. International companies are faced with many cultural challenges, when doing business across and inside of different borders. Identifying the significant cultural issues involved when evaluating the attractiveness of a particular location as a place for doing business can be crucial for a business. Aspects to consider when studying culture in a new place

Developing a business opportunity or introducing a new product into the global market place is a risky business at the best of times. Strong and precise business strategies along with extensive market research are the keys for developing a successful global enterprise. This essay will cover the core fundamentals required to best enter the global market while minimizing the risks. Core fundamentals include, indentifying potential markets, product competition, risks involved, future growth potential, entry strategy and costs involved to enter the market place.

The United States is the world’s number one consumer of narcotics and thus 90% of cocaine seized in the U.S. comes from Mexico due to the close geographical boundaries it is easy to smuggle illegal drugs into the U.S. from Mexico. The U.S.’s demand for narcotics and other drugs creates an 18-39 billion dollar market each year, all coming solely from drug sales. Drug violence is a direct result of protecting each business 's product. Cartels like the Zetas use violence to create a “brand” for their franchise. The violent cartels create a sense of fear so no one gets in their way and so others will comply with their wishes and demands.

After sifting through the leads and finding the right ones to investigate management must formulate an international marketing plan. This further helps management in locating potential markets for their products. The first step is to use secondary research to find out what the sales potential is in a given market. Asking the questions of need, demand, and support gives one a starting point for research. If we were a company that sold pants we might want to ask the following questions. Is there a need for pants? Is it cold enough there to wear pants? Do people that demand the pants have money? These are the questions that one should ask of potential markets. Table 1-located at the end of the paper-shows the statistics that are needed for a general market picture. After gathering the information from the secondary research, the picture of a potential market becomes more evident. However, to make the picture clearer, one must conduct primary research. This research outlines the specifics of the potential market that directly pertain to the product. Robert Douglas' book, Penetrating the International Market, addresses the issue of locating potential markets in greater detail.2

Around the end of July, I realized my summer break was coming to an end. I had a strange feeling of emptiness, a feeling that something was missing. I felt as if I did not thoroughly make the most out of my summer and the only way to satisfy this conflicting predicament, was to engage in an adventure. Being the very audacious person I am, I decided to take my family on a weekend trip to Biloxi Beach. This trip, although it was short lived, proved to be superlative and was one well worth the time.

Direct exporting is more expensive than indirect exporting. The entry cost & ongoing cost are high for direct exporting. In direct exporting a company have greater chances to build up good relationship. Direct exporting is used by many famous companies in toady’s competitive world as a source of entering new international market. SAMSUNG is also one of the companies who uses direct exporting as a source of Marketing Strategy. Direct exporting is cheaper as compared to other ways of market entering strategy and biggest benefit of direct exporting is it helps in acquiring the information of local market. Potential conflicts with distributors is one of the biggest disadvantage which a company can face in Direct

It will also deeply focus on a systematic approach in order for them to export their products to other countries (Cavusgil, Knight & Riesenberger, 2014). It will also specify specific entry strategies that could be implemented into entering the chosen country that would be best for the country that the direct method of exporting will be recommended and why it would be better for the firm. Also, recommendations on which skills to gain in order to do business internationally will also be provided. It will then be ended with the chosen