by billdecker | Dec 30, 2011 | International Business, Market Entry
Entering international markets part 12 CONTRACT MANUFACTURING: a firm contracts with a local manufacturer to produce its products to the firm’s specifications. An example of this is when Gates Rubber licensed one of its belt technologies to General Tire’s Chilean...
by billdecker | Dec 28, 2011 | International Business, Market Entry
the article on entering international markets continues, part 11. this market entry method talks about wholly owned subsidiaries WHOLLY OWNED SUBSIDIARY (WOS): entails a direct investment in the target country. Wholly owned operations are subsidiaries in another...
by billdecker | Dec 26, 2011 | International Business, Market Entry
The article on entering international markets continues, part 10 E-COMMERCE: using inter-networked computers to create and transform business relationships. Applications provide business solutions that improve the quality of goods and services, increase the speed of...
by billdecker | Dec 24, 2011 | International Business, Market Entry
the article on entering international markets continues, part 9 B. Indirect: selling goods and services through various types of intermediaries. 1. Foreign agents are hired by companies for representation in overseas markets as the agent has knowledge of business...
by billdecker | Dec 21, 2011 | Other
The article on entering international markets continues, part 8 6. Direct EXPORTING A. DIRECT: selling a product or service directly to a foreign firm by the home-country firm. Costs and prices may be lowest if production occurs in only a few locations around the...