Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. general management
  3. a group of students their plan is to sell an exist

A group of students Their plan is to sell an existing product in another country. They...

50.1K

Verified Solution

Question

General Management

A group of students Their plan is to sell an existing product inanother country. They have no experience in international business.They decide to target a small, poor, country. Their product targetspoor farmers so they have to cover a geographically disperse marketin which there are no hugely profitable customers. Their product isnot really superior to existing products, just a bit cheaper. Theyhope for small, steady, growing sales but do not expect to get richoff this product. The product does not need service and is not partof a system. There is nothing to protect with patents. There are nolegal requirements that favor one entry mode over another. Whatentry mode would you advise this firm? please explain youranswer

Answer & Explanation Solved by verified expert
3.7 Ratings (652 Votes)
Considering the background of the business product specification and various elements I believe it is great to use Direct Exporting as a method of direct selling in the market It is an existing product and the group of students dont possess any form of experience or understanding    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Find the distances: A) Between ?1=?2+2?,?1+?,?3??and ?2=?4,?5?3?,1+4?? . B) Between the planes 2???+5?=0 and 2???+5?=5 . C) From...

Basic Math
Q

Table 1. Initial Testing- Urine and Blood Patient Glucose Level (Initial Result mg/dl) in Urine Glucose Level (Initial Result mg/dl)...

Medical Sciences
Q

A manufacturer of an external hard disc provided the information that when the price per external...

Advance Math
Q

The Delaney Clause amendment to the Food Drug and Cosmetic Act that states that a...

Biology
Q

What problems can ocean acidification cause

Biology
Q

ulate det 45 A 1 2 1 0 17 1 1 20

Algebra
Q

You have a loan outstanding. It requires making four annual payments of $8,000 each at...

Accounting
Q

records of the equipment purchased by sinta company

Accounting
Q

When Crossett Corporation was organized in January, Year 1, it immediately issued 5,200 shares of...

Accounting
Q

TAL Distributor database 334 665 Rep RepNum LastName FirstName Street City State PostalCode Commission...

Accounting
Q

ONLY 4TH Question is needed, 1st is attached only for reference EVEN SOLUTION FOR 1...

Finance
Q

c9 The corporate valuation model, the price-to-earnings (P/E)...

Finance