Global Market Entry Strategies
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Global Market Entry Strategies
Each company has a specific strategy may be selected to suit a company's needs. Many
companies use a combination of global and national strategies. Some firms use a global strategy
elsewhere some countries and some products are more receptive to global strategies than others.
Global strategies are directed at those national product markets that are large and have low
barriers to foreign products and companies. They are also likely to compromise the center of
world demand, particularly in the newer, more technologically intensive product.
Companies adapting global strategies are not likely to target seriously countries with high barriers
and small national product markets. However given the long term trend in declining trade barriers
coupled with the economic growth, more companies will adopt global strategies.
(Walker et al,1992)
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Global Market Entry Strategies
GLOBAL MARKET ENTRY STRATEGIES :
Company acquisition
Assembly operations
Joint venture
Strategic alliance
Licensing
Contract manufacture
Direct marketing
Franchising
Distributers and agents
Sales force
Trading companies
Export management companies
Piggyback operations
Domestic purchasing
Market entry options
Source: Doole and Lowe 2005
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