Wednesday, May 15, 2019
White Paper on Pros and Cons of Positioning and Expanding the Essay
gaberdine Paper on Pros and Cons of Positioning and Expanding the Companys Strategy and Operational Direction in the Global Markets - Essay lessonCreating brand equity is the initial step for a confederation to develop acceptability from foreign markets. stigma positioning should also be done strategicalally to determine the target market for the products and run offered by the company. Finally, this paper provides different approaches and strategies that can serve as a reference for the planning of a companys mode of entry. White Paper on Pros and Cons of Positioning and Expanding the Companys Strategy and Operational Direction in the Global Markets Introduction Most multinational companies have been operating in the global market for decades, with feature sales that accounts for a quarter of the entire global economy. According to Kotler, Keller and Burton (2009), Altria and its subsidiary Philip Morris operates to over 160 countries with a total size comparable to the econom y of New Zealand, the companys exports in 2006 took part in the GDP Growth of the US comprising a quarter of the entire market.... A company gets its initial motion picture to the international business when they start to establish foreign trade to match countries for purchasing or sell raw materials, goods, or services. The transactions are relatively simple in cases where the flow of cash is exclusively in one direction, for instance, an importer paying a foreign supplier. For this case, the primary need is foreign exchange services and finance services without the need of having a bank account in the country where the trade partner is located. However, as the company expands its international business, the need to establish an operation in a foreign country becomes inevitable. This property acquisition may range from having a simple sales office to a extremely complex operation such as putting up a manufacturing facility. In this line, where international operations handle devising and receiving payments in a foreign currency, an effective international treasury negotiatement is definitive (Deroo, 2011). The drawback of such operations is that offshore trade activities are not visible to corporate treasury making it difficult to determine the companys cash position, control over foreign exchange exposures, and manage its working capital globally. There is also a deficiency for safety and security associated with preventing fraudulent activities as well as the occurrence of some unwanted degree of bank risks (Deroo, 2011). In order to enlarge the chances of thriving in the global market several steps should be undergone by the company. A strategic brand management process is important for a good quality product or service. Its intimately important goal is to develop an intense customer loyalty. The process has four main steps, namely identifying and
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