International Expansion - Assignment Example

Comments (0) Cite this document
The business world is full of competition with many local business organizations creating awareness of their products. In entering in a new country an entrepreneur has to carry out…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.2% of users find it useful
International Expansion
Read TextPreview

Extract of sample "International Expansion"

International Expansion International Expansion Difficulties of Enter in New Country for Entrepreneurial Business Currently, it isdifficult for an entrepreneur to start or establish a business in new country. The business world is full of competition with many local business organizations creating awareness of their products. In entering in a new country an entrepreneur has to carry out research of the competitors and find means of outweighing the competitors by either providing discount. It is also difficult to acquire business operation license in some countries and entrepreneur will incur a lot of money. Foreign investors have to pay government taxes and this can reduce the income due to additional expense (Ritzer, 2010).
Methods of Globalization
There are different methods of globalization and they include internationals trade, economic globalization and social cultural globalization. International trade involves exchange of services, capital and goods across territories or borders. People are involved in importation and exportation products from one country to another or across continents. Social culture globalization is the exchange of cultural and social practices from different countries like the spread or western culture (Ritzer, 2010).
SWOT Analysis Assistance to Business Owners about Failure and Success of Establishing Business Internationally
When establishing a business internationally, application of SWOT analysis will held the business owner in understanding many aspect. The strengths will help the business owner to understand the factors or things which will help him in establishing the business. The weakness will help the business owner in identifying the points or the things which needs improvement. After identifying the weakness the business owner will have the chance to improve and eliminate each weakness. The opportunities will help the business owner to notice the things which will enable him to prosper. Proper use of opportunities will enable the business to work effectively. The threats will enable the business owner to identify things which needs to be worked on for effectiveness (Ritzer, 2010).
Ritzer G. (2010). Globalization: A Basic Text. New York: John Wiley & Sons. Read More
Cite this document
  • APA
  • MLA
(“International Expansion Assignment Example | Topics and Well Written Essays - 250 words”, n.d.)
International Expansion Assignment Example | Topics and Well Written Essays - 250 words. Retrieved from
(International Expansion Assignment Example | Topics and Well Written Essays - 250 Words)
International Expansion Assignment Example | Topics and Well Written Essays - 250 Words.
“International Expansion Assignment Example | Topics and Well Written Essays - 250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF International Expansion

Lucozade Company International Expansion

...?Lucozade Company International Expansion This article looks at the expansion of the lucozade company into Saudi Arabian market and its effects on the Muslim people. The Saudi Arabian market, unlike England, is a Muslim dominated market where people are strict followers of the religion. It is known as the cradle of Islamic faith, as it is where the prophet Mohammed was born. The people in this country have different cultural believes and practices which differ from those in England. However, there is similarity in the market forces, which determine the way a product will perform in the market. Introduction Lucozade Company is a trademark name that is used to encompass a series of sports energy drinks, which are produced... & Johnson, L 2001,...
10 Pages(2500 words)Essay

Chinese international expansion

...? CHINESE INTERNATIONAL EXPANSION al Affiliation) The worldwide economy has transformed swiftly in the past quarter era. The capacity of global trade as well as investment has increased intensely than that of worldwide output, denoting that domestic economies are growing into single, interdependent, integrated as well as globalised economic structure. The globalisation of the world economy has at the same time brought about formation of non U.S. multinational corporations. Such multinational corporations have been on the rise in developing countries such as China. Following 25 ages of economic and political restructuring, China has attained an outstanding performance within her economy (Ronghui, 2005 p....
10 Pages(2500 words)Essay

International expansion proposal

...? International Expansion Proposal Introduction Victoria’s secret is a multinational company and the largest lingerie retailer in America with outlet stores in Canada, United Kingdom, Netherlands, Middle East and Poland. The company was founded in 1977 by Roy Raymond but later sold to Leslie Wexner, the creator of Limited Stores Inc., in 1982 with headquarters located at Three Limited Parkway, Columbus Ohio. The company is in the apparel industry with gender-specific specialization on women wear; lingerie, Bras, panties, beauty garments, swimming and sporting bras/panties, clothing, shoes and beauty products such as lipsticks and fragrances. The company is wholly owned by publicly traded Limited Brands...
6 Pages(1500 words)Essay

Victoria's International expansion

...?Running head: Victoria's International expansion 26th November Introduction One of the keys aspects of any company is to own a high percentage of the market share and remain on top within the industry it operates. For any company that is focused at attaining a competitive edge, it has to use any means possible to outdo its competitors. Precisely, organization that are focused at putting at bay their competitors, will have to apply some strategies like advertisement and marketing strategies to retain their popularity as the leading distributors and manufacturers of the products. Victoria’s secret was established in San Francisco during 1970s by Roy Raymond. The aim of the firm was to provide women brands...
8 Pages(2000 words)Essay

Finance International Expansion

...The decision to expand abroad is one of the most important strategic events in the growth and development of your company. It is critical, therefore,that we take a balanced view of the benefits and risks associated with international expansion before taking our first steps abroad. The Costs and Risks associated with internationalisation For US Computer Systems companies, the major difference between doing business at home and abroad lies in a lowered predictability of foreign markets and,therefore, potential liability to incurring a greater costs than at home. The international/global marketing environment is more complex and varied than at home, adding considerably to the risks associated with international expansion. Major... ...
4 Pages(1000 words)Essay

International Expansion

... International Expansion Compare and contrast the main theories of international expansion by means of examples from global organisations present in your case studies or other sources, highlight the strengths and weaknesses of these theories. According to Richardson (2007), there are four main theories of international trade. These are the Mercantilist Theory, the Theory of Absolute Advantage, the Theory of Comparative Advantage and the Theory of Factor Endowments. Mercantilism is the theory that a nation's wealth depends upon the balance of its exports over its imports (Mercantilism, 2007). Using a common standard, which was gold in early times, a nation is wealthier if it possesses more gold. It receives gold for the products... later,...
6 Pages(1500 words)Essay

International expansion-business

...International Expansion-Business The purpose of this paper is to prepare an analysis as to the short term and long term prospects of the currency ofMexico (The Peso) relative to the American dollar. The format that this paper will utilize is to first highlight what the risks of currency fluctuations would have on an American enterprise entering Mexico, followed by a brief history of the history of the Mexican peso then an analysis will be conducted as to the prospects of this currency in the near to late future. As it is the case that Natural Detergent, Inc is interested in expanding into the Mexican market, one must make consideration for investing in new facilities in Mexico. There are two types of currency risk associated... ...
3 Pages(750 words)Essay

Case study about international expansion

...International Expansion International Expansion Question The decision criteria by Ruth’s Chris to expand internationally include product development, diversification, penetration, and market development. The product development phase targets introduction of new types of restaurants in current markets. Ruth’s Chris did not lay considerable emphasis on this approach. Since the company had established 92 fine dining steak establishments, the firm did not see a major need. It saw not value in diversifying in new restaurant types. In the diversification approach, the strategy was aimed at providing new types of restaurants in different markets. Ruth’s Chris did not consider...
2 Pages(500 words)Case Study

International Expansion (Case Study)

...International expansion What decision criteria were being used in the selection of potential nations for expansion? Astable liquid net worth of at least US$1 million Verifiable experience within the hospitality industry Ability and desire to develop multiple locations The cost of a franchise estimated at US$100,000 per restaurant franchise fee, five percent gross sales royalty fee and a two percent of gross sales fee as a contribution to the national advertising campaign eliminated qualified prospects. Are there other criteria the company should have included? Demand for the services. The income level of people in the country Availability of the same services in potential...
2 Pages(500 words)Essay

International Expansion Of Hudsons Bay

...International Expansion Of Hudson’s Bay International expansion for a company issues as a nifty initiative in a bid to seek novel business opportunities. For a company to be successful, it also needs to identify less profitable areas and cut them off while capitalizing on the areas that are promising, such as international expansion. However, it takes hefty understanding of the opportunities presented in the international market for a company to reap from international expansion. It is overly salient for a company to analyze the differences between the stateside market and the foreign...
6 Pages(1500 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic International Expansion for FREE!

Contact Us