This 6 page paper looks at issues faced by a company wanting to expand internationally. The paper starts by looking at the issues in international marketing, then considers the risks faced by a business, such as exchange rate risks and ends by discussing the way resources will be provided to support the growth in international markets. The bibliography cites 7 sources.
Name of Research Paper File: TS14_TEharland.rtf
Unformatted Sample Text from the Research Paper:
a result of better transportation and communications facilities. For a company such as Harland which want to take advantage of the potential of international markets there are several areas of
consideration that will need to be looked at. The way that the company will operate when selling to new markets will change, the company, currently in Australia, has seen
opportunities in both Asia and Europe. These are areas which have very different cultures, language barriers and divergent values. The first consideration will be the way in which marketing may
take place to diverse communalities. One of the first considerations must be the way in which any strategy is adopted internationally. For
any product being sold the global environment will present many challenges due to the diversity of culture and socioeconomic conditions and the variation in commercial paradigms already in place. The
choice will begin with a consideration of the way in which the brand will be propagated with the choice between a standardised strategy, or one that is customised to the
local markets. If a company chooses to use a standardised strategy there are many benefits, the economies of scale and a guarantee
of consistency are two of the principle attractions (Levitt, 1983). This will result in a single message being used to promote a brand, and the segments attracted will be the
same across the national divides (Levitt, 1983). However, this may also be seen as a risky strategy, as a single stratagem may also be seen as insensitive to local needs,
and the same message may be communicated in each area, but the interpretation may be different, this was a message learned by PepsiCo the hard way (Kotler, 2003). In considering