Question: When writing your post, you should consider the four different strategies for entering the global market: Direct and indirect exporting Licensing and franchising Joint ventures

When writing your post, you should consider the four different strategies for entering the global market:

  1. Direct and indirect exporting
  2. Licensing and franchising
  3. Joint ventures
  4. Foreign direct investment

In your post, you will

  • Pick two strategies from the above list for entering the global market. Assess the strengths and limitations of each strategy.
    • Now, select one of these companies: Walmart, Dunkin Donuts, Starbucks, McDonalds, or Target.
  • Explain what strategies these companies used when entering the global economy.
    • What prior research was conducted?
    • How well did they understand their target marketing environment?
  • Analyze the export marketing strategies the companies used.
    • What decisions were made concerning product design, pricing, distribution channels, advertising, and communicationsthe marketing mix?
    • What lessons did they learn from their success in the global marketplace?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!