There are many ways a firm can enter a foreign market
You are the CEO of a Saudi Arabian company that is seeking to expand to foreign markets and establish itself as a global powerhouse. You are aware that there a number of strategies available to you, but how do you choose? Explain and describe one type of business that might be most successful partnering with a family conglomerate, and one type of business that might be most successful partnering with a government entity. Explain why each business would be successful using the given strategy.
- Embed course material concepts, principles, and theories, which require supporting citations, along with at least two scholarly peer-reviewed references in supporting your answer. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.
- You need to reply to at least two of your peers’ answers to this week’s discussion question. These post replies need to be substantial and constructive in nature. They should add to the content of the discussion through your evaluation and analysis. Normal course dialogue doesn’t fulfill these two peer replies but is expected throughout the course. Answering all course questions is also required.
- Use Saudi Electronic University academic writing standards and APA style guidelines, citing references as appropriate. Post your initial response early and check back often to continue the discussion.
Solution PreviewThere are many ways a firm can enter a foreign market. Different market strategy are used by different firms to enter into different international markets. Among the variety of strategies include direct export…