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International Market Entry Strategies (Joint Ventures (Disadvantages…
International Market Entry Strategies
Directing Exporting
Loss investment
Small scale
"Try Out
Cost effective
Commonly used method
Plan exporters
single location
quality control methods
Franchising/Licensing
Minimal Business cost
Revenue significant low
Partnering
foreign markets
co marketing agreements
Sophisticated strategic alliances
useful strategies
business &social
culture
local market knowledge
Piggybacking
services
unique products
large domestic firms
reduce risks cost
sell domestically
larger firms
Joint Ventures
Shared Capital Outlay
Jointly Business Contracts
Reduce rise
less government
indigenous business
Avantages
Disadvantages
Profit shares
Amount invested
Management of the business marketing strategies
Turnkey Project
Environmental consulting
architecture
engineering
foreign markets
constructing
International financing agency
World Bank
Greenfield Investment
Buy land
operate business
mostly cost
Build facility
Highest risk
government regulation
Transportation cost
Technology
Skilled labors
Wholly Owned
control and management business
less quick advantage
presence from scratch