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Strategic Planning for Market Entry. Exam Review: Chapter 1 Instructor Shan A. Garib, Summer 2013. Strategic Planning for Market Entry. Market Entry Methods: What two methods of market entry strategy exist? What are the two types of strategies exist under each of the two?
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Strategic Planning for Market Entry Exam Review: Chapter 1 Instructor Shan A. Garib, Summer 2013
Strategic Planning for Market Entry Market Entry Methods: • What two methods of market entry strategy exist? • What are the two types of strategies exist under each of the two? • Give examplesof each
Strategic Planning for Market Entry • INVESTING ENTRY STRATEGIES: • Transfer Related – transfer of property or using the property of another company • What are the four types of transfer related strategies are there? Market Entry Methods:
Strategic Planning for Market Entry • What are the costs and benefits of Licensor and the licensee • What are the costs and benefits of franchisee/franchisor?
Strategic Planning for Market Entry • INVESTING ENTRY STRATEGIES: • Foreign Direct Investment Related – acquiring property, assets, projects or other companies • What are the four types of FDI available • Give one example for each Market Entry Methods:
Strategic Planning for Market Entry • Cooperative joint venture • Equity joint venture • What are the costs and benefits of these two JVs?
Strategic Planning for Market Entry • What are the drivers/reasons Behind Successful International Joint Ventures? .
Strategic Planning for Market Entry • What are the costs and benefits of Greenfield Operations
Acquisitions • Quick access to the local market • Good way to get access to the local brands • Mergers • Offer the company more flexibility than acquisitions in the areas of human resources, suppliers, logistics, plant layout, and manufacturing technology. .
The Strategic Planning Process • What is STEP 1-4 in the strategic planning process? • What is Michael Porters 5 forces? .