Expansion in Foreign Markets Paper

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t2495

Economics

Description

Revise Week 3 assignment, Research Analysis for Business, using the feedback provided by your facilitator. This Week 6 report should only include one conclusion, so you will need to rewrite the conclusion you included in your Week 3 assignment, Research Analysis for Business. Integrate with the Week 3 Individual Assignment, and incorporate corrections and suggestions from the instructor's feedback.

Select a foreign market in which to expand your chosen product. If you wish, you may use one of the countries your team analyzed in their Week 5 Comparative and Absolute Advantage Assignment.

Write minimum 1,450-word report addressing the points listed.

Bullet points as well as reference paper will be provided to the tutor.

100% original work, reputable sources cited only.

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Explanation & Answer

Attached.

Expansion in Foreign Markets
Thesis Statement: For the successful venture into a new international market, any organization
needs an in-depth knowledge of their new market.
i.

Introduction

ii.

Global Economic Condition

iii.

Competitors

iv.

Sales Forecast

v.

Categorization of Economy

vi.

Credit Market Conditions

vii.

Role of Central Bank

viii.

Workforce

ix.

Supply Chain Challenges

x.

Conclusion


1

Running head: FOREIGN MARKETS

Expansion in Foreign Market
Institution Affiliation
Date

2

FOREIGN MARKETS
Expansion in Foreign Market

As organizations grow, the need to venture into new markets becomes necessary with the
aim of expanding market access and in the long run increasing of revenue. The new market
venture requires organizations to carefully understand not only the market but the region they
wish to venture into as well. This kind of knowledge is vital for the successful interaction with a
new market but in the first place, the making of the decision on whether to go into the market.
Alphabet Inc. has the wish to venture into the French market for the purpose of joining the online
service delivery functions it currently plays within the United States.
Global Economic Condition
The current population in France stands at a total of 65.14 million individuals. This is
projected to rise to 67.55 million at the end of the quarter. A long-term estimate of the population
highlights their population to rise to 67.91 in the by the 2020 (“France GDP per capita”). The
growth rather places 0.5% per year. The GDP also grows at a rate similar to sales growth which
is that the 1.5 % in the projection of this year and the next (“France GDP per capita”). The GDP
per capita at present grows at a rate of 42900 dollars by the end of the quarter. It is projected to
grow by 43600 in 2020 (“France GDP per capita”). The exports growth rate can be seen as a
growing one. In the month of February, it grew by 7.3% which was an increase from January that
has seen exports growth at 5.9 percent. The growing trend is set to last well into the next fiscal
year. The financial conditions in the country are responsible for the compani...


Anonymous
Excellent resource! Really helped me get the gist of things.

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