Organizational Profile 0 . 2 Detail information about the organization ( real or fictional ) , including
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Organizational
Profile
Detail information about the organization real or fictional including its
history, location, mission, goals and values, as well as other relevant
background information such as size, key productsservices experience in
international markets and in the selected market if applicable If a company
brochure or sales sheet detailing products and services is available, this can
be included as an appendix.
Logistics Objectives
List clear logistics objectives with outcome targets to identify how success will
be measured. These are broad objectives that are not contingent on any one
market. What is the company trying to accomplish. For example, are they
focused on sales growth, market diversification, improving margins, maximizing
cash flow, etc.?
Situational Analysis
Describe the relevant internal organizational strengths and weaknesses, and
any external opportunities that the company is considering along with any
external threats the company is facing. Note that relevant export markets
those that are considered to have potential should be included in the list of
potential opportunities. Then prioritize the weaknesses that need to be
addressed, the opportunities that the company plans to focus on and the
threats that will be addressed. The idea here is to show that the exporting effort
is strategically aligned with the companys priorities and to ensure it is being
undertaken alongside any other issues that need attention. The plan of action
should be manageable given the companies size and stated strengths.
SWOT Analysis
Strengths:
Strong brand recognition, recognised for highquality goods and services.
Strong production capacity to expand output in response to rising demand.
Financial stability to sustain growth initiatives with enough capital reserves.
Employees with experience in customer service and product development
Creative research and development
Weaknesses:
Limited international knowledge of dealing with cultural differences and foreign markets.
Limited human resources
Problems with logistics
Opportunities:
Emerging Markets
Promising trade regulations in possible export destinations.
Market trends around the world that complement the company\'s products.
Partnerships collaborations for marketing and distribution with overseas businesses.
Threats:
Existing rivals in the target markets
Adherence to international trade laws and guidelines.
Cultural barriers
Product Offerings
Describe the nature and use of the product features benefits, proprietary
issues, etc. that the organization intends to introduce to the international
market. What is unique about the offering and why do they believe it will give
them a competitive advantage in another country?
To ensure a product\'s success in the global market, its nature and use must be carefully examined. This usually entails studying the target market, adjusting the product as needed, and organizing a strategic launch. The unique elements of the offering and the competitive advantage it may provide in another country can differ greatly depending on the product and market. It is critical to perform thorough market studies, examine aspects such as demand, competition, and local needs, and devise a clear strategy for international expansion.
The process of introducing a product consists of several essential processes such as:
Understanding the target market, changing the product as needed, and organizing a strategic launch. International marketing is significant because it connects firms to wider, international audiences, resulting in improved brand exposure and revenue.
Adapting a product for a worldwide or local international market necessitates thorough research and evaluation of the aspects that may influence the product\'s success in a new marketplace.
Entering a new market with minimal previous demand for the product may necessitate patience, innovation, and strategic planning to avoid competition and achieve success.
The distinctive elements of the offering, as well as the competitive advantage it may provide in another nation, will be determined by a variety of criteria, including local demand, competition, cultural fit, and the amount to which the product satisfies the target market\'s special demands. It is critical to perform extensive market research and gain a clear understanding of how the product may satisfy the needs of the international market in a way that distinguishes it from competing alternatives.
Market Analysis
Overview
Provide an explanation as to why the market that has been selected has been
given priority over other international markets that could have been pursued.
What specifically makes it attractive eg market size, market location,
similarities in languageculture ease of access, etc. Summarize the findings of
the market research and be sure to also explain which political, eco
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