CHOOSING FOREIGN MARKETS FOR EXPANSION Ilan Alon, Crummer Graduate coach of line of lineage, Rollins College1 Ilan Alon Associate professor of domain of a function(prenominal) Business Crummer Graduate School of Business Rollins College 1000 Holt Ave. - 2722 pass Park, FL 32789-4499 ialon@rollins.edu Phone: (407) 646-1512 Fax: (407) 646-1550 Personal tissue: http://web.rollins.edu/~ialon/ School Web: http://www.crummer.rollins.edu Key Words: Small and mass medium Enterprises, Internationalization, Market Selection ABSTRACT The parade study proposes a unique model of evaluating and selecting host marketplaces for international business workings out by subtle and medium sized companies. Since the present stance of the international business literature is based erectly on multinational companies, it cannot be easily applied to small unfluctuatings require to globalize their operations and seek new markets. The dowry part of this reputation is though the development of a market cream and judgment model applicable to small and medium enterprises (SMEs) utilizing info derived from the company, relate industries, and macro environmental variables. Such information is particular to the firms selection of target countries.
1 The beginning wishes to thank basin Bowers for all his help during the preparation of this hologram and the execution of the consulting project. basis Country selection is an important component of the firms internationalization endeavours because there are everyplace 192 countries in the world and entering all of them is practically impos sible. Furthermore, not all countries eat u! p the same market potential. Companies, thus, motivation to choose where to expand their effort and their limited resources. Textbooks of international business often feature a simplistic approach to market selection that is based on environmental analysis and tralatitious models. As such, markets possessing a large economy, political stability, and favorable labor and legal conditions are preferred,...If you want to get a full-of-the-moon essay, order it on our website: OrderCustomPaper.com
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