Preview

international marketing assignment one

Better Essays
Open Document
Open Document
1950 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
international marketing assignment one
Assignment one
International Marketing (BX770007)

Jason Products
International Market Expansion Proposal
Submitted by: Sahil Godbole
Student id: 1000017637
Max word count: 2000

Executive summary
This proposal is drafted on behalf of Jason products, a family owned business which deals in high quality dining apparels and table protection solutions. Our company offers a wide range of innovative products, which are practical and beautiful to use, over the past numerous years which have helped the company to grow unanimously, and today is regarded as a world leader in cork backed placemat manufacture and designs. The company has its headquarters in Auckland, with the branches in USA, UK and Australia. ( (www.jason.co.nz, 2013)
This proposal is regarding the exporting of the company products to four new countries, stated with an explanation about the potential markets will be an advantage for the company to begin exporting the company products. This proposal will cover the financial, economic and cultural factors in short, prevailing the recommended countries in this report. Generally, the competition, the market trends in international and domestic markets, the environment and the developments have a direct impact on success of any organisation. It is always good to have a great understanding of the current scenario of the impulsive market, which will provide a support for us to plan well and take proper decisions.

Target countries for export:

South Korea
Japan
Italy
Spain

South Korea:
South Korea is a developed country with a high per-capita income economy and is considered to be one of the most industrialised member countries in the OECD. (http://en.wikipedia.org, 2015) . The country’s economy was one of the world’s fastest growing and developing economies till the late 1990’s. South Korean economy is highly dependent on international trade. In the year 2010, South Korea was the tenth largest importer



Bibliography: (2013). Retrieved from www.jason.co.nz: www.jason.co.nz (2013). Retrieved from worldbusinessculture.com: http://www.worldbusinessculture.com/Business-in-South-Korea.html (2013). Retrieved from internationalliving.com: http://internationalliving.com/countries/italy/the-economy-in-italy/ (2013, july). Retrieved from spanishculture: http://www.donquijote.org/culture/spain/ (2014). Retrieved from focus economics: http://www.focus-economics.com/countries/japan (2015, january). Retrieved from wikipedia/spain: http://en.wikipedia.org/wiki/Economy_of_Spain (2015, jan). Retrieved from wikipedia: http://en.wikipedia.org/wiki/South_Korea mfat.govt.nz. (2014, august). Retrieved from mfat.govt.nz: http://mfat.govt.nz/Trade-and-Economic-Relations/2-Trade-Relationships-and-Agreements/Korea/index.php www.exporttojapan.co.uk. (2013). Retrieved from www.exporttojapan.co.uk/doing business/finding-best-to-route-market-in-japan

You May Also Find These Documents Helpful

  • Satisfactory Essays

    International Marketing

    • 420 Words
    • 2 Pages

    Students are to present a research report on the implications of Internet technology in the international marketing of the firm. More specifically, the impact of the Internet on international marketing performance indicators such as sales from international customers has become clear (Mathews, Healy and Wickramasekera 2011). International marketing managers must be aware of this changing environment and the impact on marketing activities in international markets such as “the consumer experience”. Students are to draw upon the literature to highlight key areas where change is altering the international marketing activities and performance of the firm, as per the scenario and context below.…

    • 420 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    International Marketing

    • 2488 Words
    • 10 Pages

    For every dollar the United States invested in the economic development and rebuilding of other countries after World War II, hundreds of dollars returned in the form of purchases of U.S. goods and services. The primary plan after World War II used to rebuild and reinvigorate war ravaged countries was the:…

    • 2488 Words
    • 10 Pages
    Good Essays
  • Powerful Essays

    Promotion refers to the act of communicating the benefits and value of your product to consumers. It then involves persuading general consumers to…

    • 1119 Words
    • 4 Pages
    Powerful Essays
  • Best Essays

    Czinkota, M., Ronkainan, I., Sutton-Brady, C., and Beal, T., (2008) International Marketing, an Asia Pacific edition, Thomson, Melbourne…

    • 2764 Words
    • 12 Pages
    Best Essays
  • Satisfactory Essays

    The authors argue that firms with IPs (Intellectual Property) and strategic intent to internationalize invest in international customer support capabilities to satisfy the demands of their most important international customers. Using a unique sample of 173 international new ventures from China and India, the authors show that such investments are associated with improved organizational learning and performance. Over time, such investments improve organizational learning and performance in international markets. The article emphasizes that investment in international customer support capabilities is critical for the success of entrepreneurial firms from emerging markets. Given that entrepreneurial firms from emerging markets face many obstacles and liabilities when they internationalize, investment in international customer support capabilities can strength their capacity to learn from early experiences with international customers and can improve their performance outcomes.…

    • 383 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    What barriers and what costs are involved with exporting to this country? Why choose this country for export?…

    • 4412 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    Chaebols vs. Keiritsu

    • 383 Words
    • 2 Pages

    El Kahal, S., 2004. Business in Asia Pacific: Text and Cases, Oxford University Press, New York…

    • 383 Words
    • 2 Pages
    Powerful Essays
  • Powerful Essays

    South Korea continues a process of economic liberalisation and deregulation, but the government has yet to adopt a fully laissez-faire policy where the economy and trade are concerned. The UK TI team in South Korea works actively to lift or loosen the many regulatory barriers that still exist to ease UK-based company enter to the market(UK Trade and Investment, 2009)…

    • 3198 Words
    • 13 Pages
    Powerful Essays
  • Best Essays

    Thanks to the globalization, Asian economy is drawing more and more the attention of the rest of the world. Nevertheless, when we talk about economic growth in Asia, we think mostly about China, India or Japan whereas South Korean economy is staying quite unknown in Belgium. However, since the war in the Korean peninsula and the formation of the Democratic People's Republic of Korea (North Korea) and the Republic of Korea (South Korea) in 1948, South Korea has becoming a major economic power. Indeed, South Korea ranked fifteens (in terms of GDP) among the best world’s economies and fourth among Asian economies in 2009. To reach this, the Korean economy has experienced three development stages since the end of the Korean war: the economic autonomy increase from the ’50 to the ’60 in order to become less dependent on importations; the massive expansion of exportations during the ’70; the development of some industries form the ’70 until now to become one of the world leader in sectors like high technology, automotive, shipbuilding and steel industry. Furthermore, since the financial crisis of 1997, we can observe a decrease of the government intervention in the Korean economy and the development of a market-oriented economy. But South Korea is currently facing important difficulties like the lack of raw materials, the small size of the country, the competition with Chinese and Japanese industries and the political and military issues with North Korea. The purpose of this paper is to study the economic attractiveness of South Korea based on the “Diamond Model” framework of Porter (1998). We will also examine the main industries, the balance of trade and the political and commercial risks of investing in South Korea.…

    • 1853 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    In 2012, the world economy faced a new phase in the global financial crisis. Five years after the crisis erupted, the global economy has not fully regained momentum, dragging down the Korean economy. In 2012, Korea had 2% economic growth with dimming prospects for 2013. Domestic demand is sluggish, burdened by high household debt. The housing market is weak and exports are slumping. In response, the government has unveiled a 17.3 trillion won First, research should be conducted more preemptively. Amid higher uncertainties of the global economy, SERI will suggest how to improve the competitiveness of Korean companies and industries, and provide goals and ways to achieve them. This is important for Korean companies and industries because they need to think and act preemptively to be global leaders. Reflecting on 2012 and setting up plans for 2013, Samsung Economic Research Institute (SERI) will deepen its insight to help resolve the current issues. To this end, SERI will strengthen its capabilities and networking and the following three points will be the foremost priorities in its efforts.…

    • 22258 Words
    • 90 Pages
    Powerful Essays
  • Better Essays

    South Korea is a developed country with a very high standard of living and high economic growth rate. It is Asia's fourth largest economy and the world's 12th largest economy. The economy is export-driven, with production focusing on electronics, automobiles, ships, machinery, petrochemicals and robotics.…

    • 1041 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Marketing Assignment 2012

    • 3937 Words
    • 16 Pages

    Honda Motors Company, Limited (本田技研工業株式会社), is a Japanese corporation that was known for being the largest and most popular motorcycle manufacturer in the year 1958. (Gardinar, n.d.) Few years after the release of Honda's all time loved Super Cub motorcycle line, Loh Boon Siew, the founder of Boon Siew Honda, received the distributorship for Honda motorcycles. As a result of close ties with Mr Honda, Loh too, was able to gain hold of a distributorship for Honda vehicles locally. However, in the year 2002, Oriental Holdings Sdn Bhd, which was established as a conglomerate by Loh Boon Siew, had given up its position to form a joint venture with both DRB Hicom and Honda Motors Company Limited Of Japan. (Fong 2011)…

    • 3937 Words
    • 16 Pages
    Powerful Essays
  • Satisfactory Essays

    You are the working for an Egyptian company that is attempting to go globally with one of its products, and you are responsible for that, you will be deciding where and how to go.…

    • 328 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The reasons companies export and import The development of exporting and internationalization within the firm The growing impact of concerns regarding social responsibility POTENTIAL BENEFITS FROM EXPORT MARKETING    Overall benefits in the form of increased overall consumer welfare…

    • 777 Words
    • 11 Pages
    Satisfactory Essays
  • Satisfactory Essays

    marketing international

    • 651 Words
    • 3 Pages

    Based off of the Parteto Principle, (Team T) has decided to tactical twenty percent of the total issues with the hopes of resolving eighty percent of the companies issues. The biggest dissatisfaction with Hytec, Inc employees according to the employee climate survey; employees are extremely unhappy with their pay. For the past three years that the company has been conducting a companywide employment survey, employee stratification in respect to pay has been decreasing. Hytec, Inc is roughly twenty-five percent under what employees should be paid in their market. To help your employees stay and be more excited to proceed with the new High performance team base environment that Hytec, Inc is entering, we recommend to implementing a gain sharing system.…

    • 651 Words
    • 3 Pages
    Satisfactory Essays