Entry Plan into International Market

Write a five to six (5-6) page paper in which you:

1. Choose a country into which the company you selected may expand. ;

2a. ;Develop a brief profile of the geographic and historical data regarding international ;

business

2b. ;Develop a brief profile of the political and legal environment for conducting international ;

business

2c. ;Develop a brief profile of the business customs and practices

2d. ;Develop a brief profile of the economic environment ;

2e. ;Develop a brief profile of the population characteristics

Develop a brief profile of the language ;

Develop a brief profile of the GDP

Develop a brief profile of personal income ;

Develop a brief profile of the labor market ;

Develop a brief profile of the trading partner/countries ;

3a. ;Ascertain the possibility and feasibility of integrating ecommerce into the company’s ;

offering. of the impact of regional and global trade integration

3b. ;Ascertain the possibility and feasibility of integrating ecommerce into the company’s ;

offering. of the impact of potential volume of trade

3c. ;Ascertain the possibility and feasibility of integrating ecommerce into the company’s ;

offering. of the impact of the marketing mix components

3d. Ascertain the possibility and feasibility of integrating ecommerce into the company’s ;

offering. of the impact of the key cultural dimensions affecting marketing operations ;

4. Analyze the key reasons why the entering the market in the country that you have chosen

is justified.

5. Risk one of foreign expansion ;

; ; ;a.How to mitigate risk one

; ; ;b.Risk two of foreign expansion

; ; ;c.How to mitigate risk two ;

; ; ;d.Risk three of foreign expansion

; ; e.How to mitigate risk three ;

6. Suggestion one to adapt the operational strategies of the company to fit the changing ;dynamics of foreign markets and to foster a competitive advantage for the company.

;Suggestion two to adapt the operational strategies of the company to fit the changing ;dynamics of foreign markets and to foster a competitive advantage for the company.

Note: A valuable reference for this assignment is to use the CIA country factbook, as they are easy to read and understand. You can find them at ;www.cia.gov. When you reference it, you should use this format.

Iceland. (2015). CIA Factbook. Retrieved from ;http://www.cia.gov