Market Expansion Feasibility Analysis, business and finance homework help

Anonymous

Question Description

Write a 3-part, 750–1500-word in-depth analysis in which you assess the feasibility and profitability of launching a product in a foreign country.

The importance of a thorough analysis to determine the feasibility of launching a product in a new market abroad cannot be overstated. A careful consideration of such factors as cultural communications, global organizational structures and hierarchies, negotiations, and international business ethics is vital to the success of market expansion ventures.

SHOW LESS

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

  • Competency 1: Analyze cultural communications that affect international business.
    • Describe the cross-cultural communication issues that could result from differences in the social, political, and legal structures and hierarchies of a foreign country and those of the United States.
  • Competency 2: Evaluate patterns of global organizational structure and hierarchies.
    • Describe the social, political, and legal structures and hierarchies of a country relevant to market expansion.
    • Compare the social, political, and legal structures and hierarchies of a country to those of the United States.
  • Competency 3: Analyze the role of international business culture in the negotiation process.
    • Propose a company management structure suitable for business operations abroad, based on the business culture of the host country.
  • Competency 4: Assess the feasibility of business operation in other countries.
    • Assess market potential, considering the market situations of 2–3 competitors.
    • Determine the price for a product in a competitive market.
    • Propose an international business strategy for launching and promoting a product.
    • Identify the key fiscal considerations that might affect profitability.
    • Evaluate potential barriers to entry into a foreign market.
    • Describe the key considerations for conducting production operations abroad.

Tutor Answer

Mr.Wright
School: University of Maryland

okay
Attached.

INSERT SURNAME HERE1
Launching a new product

Institutional affiliation

Date

Part 3: Company Analysis

Conducting business abroad can be challenging. Different considerations need to be met in order
to ensure that you have free access to the country and that you don’t meet any challenges that
many business are facing today. This is because many businesses are not thorough with the
countries they are considering to sale their product, and especially with the laws governing the
country as well as competition in that country. Definitely, trying to expand abroad without an
overview of the country is very challenging which might make your company fail even though
you have spent a lot of capital during expansion (Lancaster G. and Massingham, 2016).

Key production considerations for conducting operations abroad

There are various key production considerations for conducting business abroad. The first key
consideration is based on culture. In most of the cases, there seems to exist cultural difference,
and which may impact on your business. This means that the culture of a given co...

flag Report DMCA
Review

Anonymous
Return customer, been using sp for a good two years now.

Anonymous
Thanks as always for the good work!

Anonymous
Excellent job

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4
Similar Questions
Related Tags

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors