Identify a potentially attractive target market

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Reference no: EM131270513 , Length: 3950 Words

Strategic International Business Management case company:

1. Identify a potentially attractive target market for the company's future international expansion strategy. You will be provided with 3 specific countries below to choose from. In order to identify which of these 3 countries represents a potentially attractive target market, you are required to undertake a comparative PESTEL analysis of the macro-environmental factors of the 3 countries.

This background analysis must be included as an appendix and must be no more than 5 pages in length.

2. Discussyour rationale for the selection of your chosen market. Your rationale should be justified with a more detailed discussion of your PESTEL analysis of the macro-environmental factors of your chosen market which you have presented in the appendix.

This task must be presented in the first section of the main body of your report.

3.Critically analyse the opportunities and threats in the firm's industrial environment in your chosen market. Application of a relevant model or framework such as the 5-Forces analysis is required - a SWOT analysis isnot acceptable.

This task must be presented in the second section of the main body of your report.
4.Critically analyse the strengths and weaknesses in the firm's internal environment which may support or challenge the firm's expansion into your chosen market. Application of a relevant model or framework such as a VRIO analysis is required - a SWOT analysis isnot acceptable.

This task must be presented in the third section of the main body of your report.

5. Evaluate the various modes of entry available to the firm and recommend - with justification based on the findings of your analyses in Tasks 2, 3 & 4 above - the most suitable mode of entry that willenable this strategic international expansion to be a success for the firm.

You are required to undertake a comparative analysis of the macro-environmental factors of the following 3 countries in order to identify a potentially attractive target market for your case company (Task 1):

- Canada
- Estonia
- Turkey

This assessment assesses how well you can do the following (as outlined in the module specification):
- Critically review the strategy of an organisation in light of international business issues, applying relevant theories and concepts
- Produce a creative strategic solution to a business problem for an organisation facing diverse challenges, taking into account the firm's external and internal environments

Verified Expert

This assignment has been prepared on the case of LIDL. The assignment inclusive of the word count in the appendix is more than 3000 words. The appendix was the first requirement. The remaining all points of the requirement have been covered in the same format as asked originally. References has been done appropriately and in text has been focused upon. appendix is complete. Focus was laid on providing recommendations as well. The market selected is Canada.

Reference no: EM131270513

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Reviews

len1270513

11/8/2016 6:05:38 AM

Your assessment will be assessed according to these criteria which are reflected in the Assessment Feedback Sheet: Degree of knowledge and understanding of the module subject Ability to develop an argument which is clearly justified and relevant to the particular circumstances of the situation under consideration Ability to develop an argument which is well structured Breadth and depth of reading from the relevant academic literature Ability to critically synthesise and apply relevant theories and concepts from a range of sources Ability to apply the Harvard referencing system in the correct manner Ability to collect and analyse relevant data Ability to identify and evaluate a range of strategic options relevant to the particular circumstances of the situation under consideration Degree of originality in generating relevant and justified solutions to the business problem under consideration Professionalism of presentation Ability to manage time to submit by the deadline Academic good conduct

len1270513

11/8/2016 6:04:44 AM

3000 words (+ / - 10%); the suggested word limits in the ‘Details of the Assignment’ are based on your using the extra 10% and are merely indicative.This assessment assesses how well you can do the following (as outlined in the module specification): Critically review the strategy of an organisation in light of international business issues, applying relevant theories and concepts Produce a creative strategic solution to a business problem for an organisation facing diverse challenges, taking into account the firm’s external and internal environments

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