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International Business of Polyester Staple Fibre - Research Paper Example

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This research paper describes the international business of Polyester Staple Fibre. This paper outlines product, business strategy, target market, potential risks, and financial implicayions.  …
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International Business of Polyester Staple Fibre
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Download file to see previous pages The other financial implications and target markets have also been discussed in this report. Also, a strategic plan to help the company move into the global market using the latest technologies and the Internet has been discussed. Recommendations for further growth of the company have been discussed within this report.
This report details a plan for setting up Polyester Staple Fibre units in Europe. This business will be the entry for the company into the market of Europe and it requires a physical presence in the country for its operations. This is simply because it would cost a lot for the company to manufacture in Saudi Arabia and export to Europe. It is assumed that the permit to conduct business in Europe can be easily obtained and there are no legal issues with the registration of the business. The business model will explain the basic business strategy and the mode of operation for the company, i.e. a strategic plan. The business model will focus on what the plans are for the business, which country the business can be set up in and also the setup and distribution plans.
The United Kingdom and Europe are two of the biggest importers of Polyester Staple Fibre. The consumption of the product is high however the production is very low within the countries. The business will aim at providing a solution for the increased imports and provide polyester in these markets. The business is already well set up in Saudi Arabia and this means that the individuals in the company have a good knowledge about the prices and the processes that are involved in the market. The country was chosen for the set up of the business in Romania, Europe. This has been chosen the running costs in these areas are relatively cheaper than any other country. This also forms an easier mode for distribution among the countries in Europe as well as in the United Kingdom. The plan of this report is to first set up the business in Romania and distribute among the other countries.  ...Download file to see next pagesRead More
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