Question: Need answer for task 3 ! (1st and 2nd no need) There are 3 companies given operating in different fields. You have to choose and

Need answer for task 3 ! (1st and 2nd no need)

There are 3 companies given operating in different fields.

You have to choose and substantiate possible models for international expansion of the businesses. Let us suggest, the companies are scaling their business up or exporting their goods or services.

The companies are:

1. Local European leading cosmetics manufacturer at medium scale products price range. Not Bio or Eco specialized. Annual turnover is 10 million euros. Local market penetration and brand recognition is 90%. MRA

2. Local market research consulting company having a patented statistical method for analysis and segmentation of consumers. CVT

3. Local Higher School of Management having highly qualified academic staff, but missing the positive image inside the country.

Define expansions: strategy, geography, format, pricing, volumes, budgets.

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