Case
Unit 5: Learning aim E D*
- Course
- Institution
- Book
It is a full document that was graded d* for learning aim E of unit 5 in Level 3 btec course . If you have any questions . Please message me !
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
Engels samenvatting 100 procent slaag kans
Seller
Follow
stradventures
Content preview
UNIT 5: LEARNING AIM Ex
Abigail Adewunmi
3/22/2021
, Introduction
In this assignment of learning aim E, I will be thoroughly explaining the impacts and necessary step that
businesses need to take to survive the international market. I will providing extensive research that has been
done and I will person validate all the point done and all the work that has been given.
P4: Explain how products and processes must be adapted for international markets by a selected business.
It is very necessary that the products that a business provides to customers and their everyday
processes that they carry out, correlate with international guidelines, and adapt to international
markets. To understand this, I have chosen a Globally operating fashion manufacturer to help
understand their routines as to how they would be able to change certain aspects in their products
or process to help them trade internationally.
PrettyLittlething
Pretty little thing is a United Kingdom based retailer that aims to provide women’s fashion to women
of the younger and middle-aged generation. The brand is owned by a parent company known as
Boohoo and they operate around Europe, Australia, and Northern Africa etc. Given that Pretty little
thing operates in several countries globally they must be able to adapt to the demands of each
country and identify trends. To operate internationally PLT has adopted a strategy.
To understand this, it is important to know the type of strategies there are:
Partnerships are typically like joint venture when different parties together. These strategies are for
a longer period and involve longer and more integrated legal processes than just a collaboration.
Advantages
- Moral support can be provided from both partners and partnering businesses.
- More access to capital as both individuals and companies are bringing in separate
investments into the business.
Disadvantage
- Liability is placed upon both partners for debts and issues in the business.
- Problems and disagreements are frequent among partners.
Agencies are another way of expanding and another strategy used to expand international
businesses. They are a group agents or export agencies that help businesses trade internationally.
The provided vital services such as: Providing information, help identify opportunities in countries
for businesses etc.
Advantages
- Can easily identify opportunities for the business.
- The business will have more control over their affairs with the use of an export agent or
exporter agencies.
Disadvantages
- The business loses a certain amount of control over brand image and marketing.
- The business remains responsible for external factors such as; shipping , taxes etc
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller stradventures. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.85. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
52510 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now