Question: Please answer these 2 questions based on the following description below 1. Is direct exporting the optimal market entry mode or a joint venture, franchising,
Please answer these 2 questions based on the following description below
1. Is direct exporting the optimal market entry mode or a joint venture, franchising, wholly owned subsidiary, or a partnership with the local distributors, government agencies, or other forms would be more effective? Make sure to include the documents/certifications needed for the chosen strategy
2. If a partnership with a local distributor, retailer, or company is advised, what companies would be the best candidates for such a partnership?
COMPANY DESCRIPTION: Cellux Brazil is part of an international group with over 100 years of experience in manufacturing and converting different types of adhesive tapes. Globally, we have over 5,000 clients,including well-known companies, such as3M, Cremer, Scapa,and Sicad.With manufacturing plants located in China and Taiwan and converting branches in Colombia and Brazil, our group has around 300 employees worldwide.We offer tapes that can be applied in diverse segments, such as packaging, industrial fields (furniture, automotive,electronics, construction, etc.), and general purposes (crafts, school use, general use,and repairs).Our company also has a strong ability in research and development,producing customized tapes according to the market needs.For more information about our products, please refer to the table below:



THE CHALLENGE: The company is already successfully distributing its product in Brazil and beyond and it is ready for global expansion. Accordingly, the company is seeking your help with the following: With steady growth and gradual consolidation in the current markets, we think it is time to accept a new challenge. Our main goal is to enter the American market, but other solid options would definitely be considered. This project was put on hold due to the pandemic; now, we want to create a well founded base to sustain our long term operation. We are more than happy to have your assistance and to build this ambitious plan together.
Sign in Sign up (7) \begin{tabular}{ll} Name: PVC Lane Marking Tape & Widely applied in factory or \\ Description: made of soft SPVC with & industrial fields. Used to mark social \\ natural rubber adhesive. Available in & distance, potential hazards, escape \\ different colors: blue, green, white, & routes, create aisles and provide \\ black, red, yellow, striped & direction. \\ (yellow/black and white/red). & \\ NCM/HS: 3919 & \\ & \\ \hline Name: Cloth duct tape & Good for heavy-duty carton sealing, \\ Description: made of a polyethylene & book spine binding, carpet joining, \\ laminated cloth and coated with a & identification of package contents \\ synthetic rubber adhesive. Available & and destinations, strapping and \\ in a range of colors: red, blue, green, & bundling, and general use. \\ black, yellow, grey, white, beige, etc. & \\ NCM/HS: 5903 \end{tabular} Sign in Sign up (3)Step by Step Solution
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