Question

Various factors or forces impact a company’s decision to go into a foreign market and affect the outcome of that decision. If a country or market has several factors in common with the original market, or with the other markets selected when choosing several markets, it will be easier to enter that market.

• If a U.S. software company that primarily creates and sells educational software wants to expand into two foreign markets, what factor commonalities (as found in your Learning Activities) should the company be looking for when deciding on the two countries?
• Provide two country suggestions and explain your reasoning.

Answer 1

US COMPANEY 'S

Learning Activities) should the company be looking for when deciding on the two countries

At the point when the organization is taking a gander at factors that decide if to extend in some outside market or not it takes a gander at the accompanying wide territories:

1. Culture:

• Whether the organization suits or adjusts the way of life of other nation or not is a significant issue.
• Regardless of whether the item that the organization brings to the table is giving any an incentive to the clients in that market is significant.
• Neighborhood advertise information is imperative to think about clients and contenders.

2. Legitimate Barriers and Laws:

• It is profoundly critical to examine the lawful law and structure of the concerned nation and look whether one satisfies all standards and guidelines or not.
• One will check the adaptability of the principles and laws and whether one can be fit inside such a system.

3.Foreign government:

• What kind of nature does the remote government holds is profoundly significant.
• Regardless of whether the govt is inviting or not, whether there are legitimate arrangement for business gatherings or not as far as frameworks and availability or not needs to be remembered.
• Government steadiness in every one of these cases assumes a urgent job to take a gander at.

4.Other components

• Numerous different components like natural appropriateness, economic situations,
• debasement levels and so on are viewed as while growing business abroad.

TWO COUNTRIES SUGGESTIONS AND REASONING:

• Two different nations that the organization can extend to is China and Japan.
• This is on the grounds that both the nations are well in accordance with the business condition of USA and both the nations additionally are progressed and hence would support the item for example instructive programming to be presented in their nations.
• Different factors as referenced above would likewise not end up being bulky for the US organization to extend business in these nations.