a small manufacturing firm believes there is a market for (you chose the product) that is...

a small manufacturing firm believes there is a market for (you chose the product) that is customized for the local market. After spending two months in (you chose the country) the president of this firm believes that this product will be successful. Taking into consideration your product and the country, what mode of entry should you use and why? Be specific with at least four (4) reasons.

Expert Solution

Answer:

Countrie-germany

Product-handheld tools

This firm cans most likely profit most by putting in place associate degree export arrangement. Associate degree export arrangement may be a common initial alternative among producing companies. Since there's unlikely to be a good deal of competition for the hand-held tools at the kickoff, the firm will charge a premium value associate degreed handle sales through an export manager. As a result of this producing firm presently solely has one line of business, the export manager will simply report on to the top of promoting. The export arrangements additionally enable the firm to scale back the chance and size of investment in establishing important international operations whereas at a constant time testing the dimensions of international markets. If the sales still increase, they'll move towards an additional complicated structure ought to the organization grow to a degree wherever the present arrangement isn't any longer comfortable.

keosha answered 8 months ago

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