Thousands of development organizations have gone online in the past five years, having realized the importance of the Internet for the exchange and distribution of information. With the rise in e-commerce activities over the Internet, and the subsequent decline in development aid over the past five years, development organizations may be able to tap into […]
E-commerce in Bangladesh. Read More »
Answer: Product is anything that can be able to meet the needs and wants of target customers. A product is anything offered for sale for the purpose of satisfying a want or need on both side of the exchange process. A product is a set of tangible and intangible attributes including packaging, color, price, quality
What is Product? Classify different types of Product. Read More »
Answer: The investment decision process involves several sub decision taken over a lengthy period of time. With multiple feedbacks that stimulate the reconsideration of earlier decisions. The figure shows the complex structure of decisions process by means of sequence of checkpoints: Investment entry modes—General Appraisal: Companies invest in foreign production for these basic
Discuss about the Investment Entry Mode in the foreign market. Read More »
Answer: Profitability analysis requires estimation of both international revenue and incremental costs. Licensing is used when exporting or equity investment cannot use. As a result, licensing is considered its marginal activities of manufacturers. This causal approach encourages 2 bad decisions; Under licensing—manufacturer ignores licensing when it is more profitable (should do). Over licensing—Manufacturers enter into
Discuss about the Contractual Entry Mode in the foreign market. Read More »
Answer: When a company decides that its most attractive export channel is an agent or distributor channel, it must then initiate a screening process to choose individual agents or distributors. Finding good foreign distributors and agents is a major problem for manufacturers and demands considerable attention and effort. The screening process to choose a foreign
Answer: The entry mode decision is a complex process with numerous trade-offs among alternative entry modes. To handle this complexity, managers need an analytical model that facilitates systematic comparisons among entry modes. For the present, we offer a general view of the external and internal factors that influence the choice of entry mode. External Factors:
What are the factors influencing the choice of entry mode in the foreign market? Read More »
Answer: A foreign market entry mode is an institutional arrangement that makes possible the entry of a company’s products, technology, human skills, management or other resources into a foreign country. A domestic company that contains its market, the question of entry mode as distinguish from market entry (the marketing plan) simple does not arise.
Classification of the foreign market entry modes. Read More »
Discuss the elements of foreign market entry strategies. Designing Foreign Market Entry Strategies Company may enter into foreign markets for several reasons; Some go because home markets are stagnant and foreign markets are faster. Other may follow their domestic customers who are going international. Services companies—computer, engineering, insurance etc. Still other firms in oligopolistic industries
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Or. What do you understand by International Business?Explain the terminology of International Business. Answer: International Business conducts business transactions all over the world. These transactions include the transfer of goods, services, technology, managerial knowledge, and capital to other countries. International business involves exports and imports. International Business is also known, called or referred as a
Terminology of International Business. Read More »
What is Intelligent Support Systems? Discuss about the Decision support systems (DSS), Executive information systems (EIS) and Artificial intelligence and expert systems (AIES) Answer: Intelligent support systems (ISS) are systems that facilitate decision requiring the use of knowledge, intuition and experience. Systems that fall into this category are: A. Decision support systems (DSS): Decision support
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