Question

In: Operations Management

Amazon is planning to expand into a new market. It will make an investment and serve...

Amazon is planning to expand into a new market. It will make an investment and serve the foreign market from that facility. The company is in the process of country selection and need your advice for the following questions;

  1. What factors should company use to decide the best market for expansion. Provide 2 general and 1 firm-specific factor (see attached document about two types of factors). Why would these factors be important for the country selection?
  2. Based on these factors, what country or countries would have the best fit for the company (no need for an analysis, just provide 1-2 market based on your overall knowledge).

Solutions

Expert Solution

Answer :

The most significant variables utilized by company to grow their markets through creation legitimate market research, key contacts and the operational coordinations. In the event of Amazon, marketing examination and making key contacts were general elements.

Proficient market research assists with accomplishing significant level benefit and market development. There ought to guarantee the perfect clients exist in the market of Amazon. Finding the interest for items in the market and furthermore take legitimate system to draw in more clients to the market.

Making contract with the main ventures with same intrigue will make certainty among the proprietors and clients too. The co – working spaces associate the future customers and partners, who assists with entering the correct system. Operational coordinations is specific factor to extend the matter of Amazon. It identified with the hardware utilized and the method of transportation and coordinations.

Legitimate setting of essential operational necessities like setting machines additionally upgrades the degree of business. Making legitimate administration of cost and time will improve the current state of Amazon. This measure will be assisted with diminishing the over centering of coordinations and improve the development of business.

Most created nations help to accomplish these measures. Proficient selection of new development and creations helped the country to extend the matter of their firms. So this sort of market extensions is best appropriate for the created nations.

Then again, the creating nations should utilize the measure like market exploration can extend the degree of creation from their current stage. Huge measure of online buys were occurred in the creating nations. So extension of a company like Amazon will be increasingly gainful in creating nations.

PLEASE LIKE MY ANSWER


Related Solutions

Amazon is planning to expand into a new market. It will make an investment and serve...
Amazon is planning to expand into a new market. It will make an investment and serve the foreign market from that facility. The company is in the process of country selection and need your advice for the following questions; What factors should company use to decide the best market for expansion. Provide 2 general and 1 firm-specific factor (see attached document about two types of factors). Why would these factors be important for the country selection? Based on these factors,...
A farm is evaluating two options to expand its facilities to serve a new manufacturing plant....
A farm is evaluating two options to expand its facilities to serve a new manufacturing plant. The new plant will require 2000 telephone lines this year and another 2000 lines in 10 years. The plant will operate for 30 years. Option 1: Install now network with capacity to serve 4000 lines. This network will cost $27,000 and annual maintenance costs will be $1900. Option 2: Provide a network with capacity to serve 2000 lines now and a second network to...
If Amazon Go decides to expand globally and even dominate a domestic market, would they need...
If Amazon Go decides to expand globally and even dominate a domestic market, would they need to acquire information through direct perception? Why or why not? Take into consideration both the Xbox and TOMs examples in the text.
A community hospital is planning to expand its services to three new service lines in the...
A community hospital is planning to expand its services to three new service lines in the medical diagnostic categories (MDC-2, MDC-19, and MDC-21). Five common resources must be allocated among these three new service lines according to which will bring the most revenue. The resources are LOS, nursing hours, radiology procedures, laboratory procedures, and operating rooms. The health care manager in charge of this expansion project obtained the average consumption patterns of these resources for each MDC from other peer...
GMFC is planning to expand its U.S. operations by building a new plant. They will employ...
GMFC is planning to expand its U.S. operations by building a new plant. They will employ about 500 production workers. This new plant will manufacture motorized recreational equipment including all-terrain vehicles, personal watercraft, and snowmobiles. The equipment will assemble mechanical components produced in other GMFC operations or purchased from suppliers. The new plant will fabricate fiberglass body parts and complete the final assembly process. GMFC would like to operate the new plant union-free. It's likely that the Untied Automobile Workers...
Question 1. A company is planning to purchase a new machine to expand its production. There...
Question 1. A company is planning to purchase a new machine to expand its production. There are two brand available A and B in the market. Both the machines are costing OMR 10000. The following cash inflows are expected to come for both the machines. Years Machine A Machine B 1 2400 1200 2 3600 3000 3 5800 4800 4 6000 7600 5 6500 9200 Calculate Pay back period and Discounted Payback period for Machine A and Machine B and...
Assume of new product you will market. You should think of planning your own product make...
Assume of new product you will market. You should think of planning your own product make its design , packaging, write its brand name mark or logo, write its price and how did you price it, Write how you will promote it. Write how you will distribute it (through whom and which channel members will you select) And also how you select target audience or segments for which the product is designed.
Question B1 Dayang Inc is planning to make an investment of RM300,000 in one of the...
Question B1 Dayang Inc is planning to make an investment of RM300,000 in one of the three alternative shopping centres in Kedah. Each project's expected cash flows from the investment are as follows (in RM): Year Jaya          Midi          Teko 1      154,000 110,000 86,000 2      134,000 110,000 110,000 3        96,000 110,000 128,000 4        96,000 110,000 178,000 The company's cost of capital is 10% and these projects are mutually exclusive. REQUIRED: (a) Calculate the following: (i)...
Assume a company is planning to make a major financial investment to build a manufacturing facility...
Assume a company is planning to make a major financial investment to build a manufacturing facility in a foreign country. Which of the following risks is particularly important to research in the foreign country? Diversification risk Commercial risk Political risk Translational risk Transactional risk
Nature’s Way Inc. is planning to invest in new manufacturing equipment to make a new garden...
Nature’s Way Inc. is planning to invest in new manufacturing equipment to make a new garden tool. The garden tool is expected to generate additional annual sales of 7,600 units at $30 each. The new manufacturing equipment will cost $90,500 and is expected to have a 10-year life and $6,900 residual value. Selling expenses related to the new product are expected to be 4% of sales revenue. The cost to manufacture the product includes the following on a per-unit basis:...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT