ViD is a Melbourne-based Australian startup that was founded in 2021. The company operates in the Food-Tech industry and uses technology to create affordable feed supplements that reduce livestock methane emissions, which is one of the biggest global contributors to emissions. CViD has gone through a number of funding rounds with the most recent being a $10 Million funding round in February 2023 that was supported by three investors. CViD currently sells its products to domestic farms in Australia. But CViD's managerial team is currently planning to internationalize in 2024.

 

Discuss how the company can use the international market selection process？ 

Answer rating: 100% (QA)

To successfully internationalize ViD can use the international market selection process to identify and evaluate potential foreign markets Here are some steps the company can take 1 Market Research Co... View the full answer