Identify a potentially attractive target market

Assignment Help Marketing Management
Reference no: EM131291576 , Length: 3000 Words

Strategic International Business Management:-

ASSIGNMENT BRIEF:-

Write the assignment is 3000 words.

Using Lidl (https://www.lidl-info.com/) as a 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.

2. Discuss your 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.

This task must be presented in the fourth and final section of the main body of your report.

You are strongly advised to structure your report in the same order as the assignment tasks set out above.

Include a list of references used at the end of the report (presented Harvard style).

Countries to choose from: 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

Learning Outcomes to be assessed
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

Key Skills to be practised/assessed
This assessment assesses how well you can do the following (as outlined in the module specification):
• Develop their analytical and problem solving skills.
• Improve their research skills and data analysis.
• Work both individually and collaboratively to solve a given problem.
• Develop effective written and oral communication and presentational skills.
• Improve their planning, organising and time management skills.

Given the readings are of:

1. CIMA Strategic Scorecard Boards Engaging In Strategy
2. Competitive Advantage Of Nations
3. Distance Still Matters
4. WEF Global Competitiveness Report 2013-14

https://www.dropbox.com/s/a4b4bktkqm46nws/Readings.rar?dl=0

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: EM131291576

Questions Cloud

What additional resources are you using to assist : What information did you find to be the most beneficial information during this presentation?2As you participated in the session, what area(s) did you find most confusing and need to focus more on to ensure success with the CMA Exam?
Propose an efficient data structure that may hold the tour : Propose an efficient data structure that may hold the tour operator's data using a normalization process. Describe each step of the process that will enable you to have a 2nd Normal Form data structure.
Charge of a small network and wants : Mark is in charge of a small network and wants to make it simple but secure. The users want to have full control over their data and still be able to share data with the rest of the office. The networking knowledge of the office staff is basic. Wh..
What is the maximum window size : Four bits are used for packet sequence numbering in a sliding Window protocol used in a computer network. What is the maximum window size?
Identify a potentially attractive target market : Identify a potentially attractive target market for the company's future international expansion strategy.- Discuss your rationale for the selection of your chosen market.
Problem regarding the transmit digital signals : A 4KHz noiseless channel with one sample every 125 per sec is used to transmit digital signals. Find the bit rate (bits per second ) that are sent if CCITT 2.048 mbps encoding is used.
Can someone help with network design proposal : Can someone Help With Network Design Proposal Part 1-3. Has to be authentic and not something that's on the web already.
Create a uml class diagram using classes you have identified : What are your impressions of the noun technique? Create a UML class diagram using the classes you have identified and add names to the associations and multiplicity constraints.
The politics and poetics of racial identity : Racial identity is expressed through a variety of elements in our culture; its many messages are captured in words and images, performed in the arts, and portrayed through the media.

Reviews

Write a Review

Marketing Management Questions & Answers

  Present examples of products in market

After completing the readings for Week 1, comment on the 'Basic New Product Process'. Do you agree with the value of this process? Through research, present examples of products in market, which have followed this process.

  What is the meaning of a derived demand

The demand for labor is said to be a "derived" demand. What is the meaning of a derived demand? How does this concept help to determine the demand for labor

  Submission instructions

Submission Instructions

  Define and explain what segmentation is and discuss

1. define and explain what segmentation is and discuss different segmentation bases you could use for your

  The chief marketing officer for a company

The chief marketing officer for a company that specializes is jams, jellies, and preserves.  How might the company attract consumers of different socio-economic classes?  Be sure to consider how the marketing mix will need to vary depending on the cl..

  Explain positioning statement and the marketing mix strategy

Explain Positioning Statement and the Marketing Mix Strategy and How does the selection of your positioning statement impact the marketing mix strategy

  Demonstrate an understanding of the theory

Marketing decision makers in a firm must constantly monitor competitors' activities - their products, prices, distribution, and promotional effort.

  Explaion business plan idea

Explaion Business Plan Idea and Why there is a need for your product or service in the marketplace

  Ethically questionable situation relating to ict

Identify a recent (within the last six (6) months) ethical dilemma or ethically questionable situation relating to ICT that you are familiar with

  Explain e-business has affected your selected organization''s

Explain E-business has affected your selected organization's busines and Select an organization that started as a brick and mortar business and is now engaged in e-business

  What is the break-even point for each proposal

The revenue generated by each unit is $18. What is the break-even point for each proposal? If the expected volume is 8,300 units, which alternative should be chosen?

  Suzuki ends u.s. car sales: why it had to do it

MKT 3830 Retailing:Suzuki Ends U.S. Car Sales: Why It Had to Do It?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd