Essay
MNB3702 ASSIGNMENT 2 2023 (MINI CASE)
- Vak
- Instelling
- Boek
MNB3702 ASSIGNMENT 2 2023 (MINI CASE)
[Meer zien]Voorbeeld 2 van de 8 pagina's
Voorbeeld 2 van de 8 pagina's
In winkelwagen
In winkelwagen
gesponsord bericht van onze partner
Gekoppeld boek
Titel boek:
Auteur(s):
- Uitgave:
- ISBN:
- Druk:
Meer samenvattingen voor studieboek
-
MNB3701 ASSIGNMENT 1 SEMESTER 2 2024 A corporate language refers to ________. a. foreign language used informally by tourists b. language people use for informal chats with the colleagues c. nati...
-
MNB3702 Assessment 06 2024 INTRODUCTION AND COMPANY BACKGROUND INTERNATIONAL EXPANSION OPERATIONAL PLANNING
-
MNB3702 Assessment 5 mnb3702 SEMESTER 1 2024 Primary stakeholders of a company are: Which one of the following things should you not do when experiencing culture shock related stress The management...
Verkoper
Volgen
BMZAcademy
Ontvangen beoordelingen
Voorbeeld van de inhoud
ContentsIntroduction ................................................................................................................ 2
Motivation for Farox Technologies International expansion ................................. 2
Strategic objectives.............................................................................................. 3
South Africa will have a competitive edge as a market ........................................ 3
Selecting a country .............................................................................................. 4
Importance of Timing ........................................................................................... 4
Entry mode .......................................................................................................... 5
Conclusion ................................................................................................................. 5
References ................................................................................................................. 7
1
, Introduction
The main aim of this essay will be to concentrate on the company's trading activities
in African marketplaces, specifically South Africa. Farox Technology will be used as
an exemplary company to discuss and analyse in this case study. The company is a
significant participant in the telecommunications (technological) industry because it
sells a broad range of technological assets. Farox Technologies (FT) is an Indian
company that wants to expand into South Africa and other countries around the
globe. To put it another way, Farox Technologies will be headquartered in South
Africa (host country), while the business was founded in India (home country). FT is
a retailer of technological gadgets that specializes in a wide range of products such
as laptops, security cameras, and vehicle tracking devices, all of which are up to
date with the latest technological advancements around the world. Its core values
are founded on the quality and cost of the products it sells, which it achieves through
a variety of market penetration strategies. The industry in which FT operates, as well
as the competitive advantages it enjoys as a result of expanding into foreign
markets, will be discussed throughout the course of this research. Furthermore, the
essay will discuss the elements that led FT to choose South Africa over any other
African country such as Mozambique and Zimbabwe. Moreso, the FT entry method
will be broken down and demonstrated with real-world examples before the
discussion concludes with a conclusion.
Motivation for Farox Technologies International expansion
Farox Trading, as a retailer of different technological devices, is located in the
economy's telecommunications sector. FT discovered opportunities in the African
market, taking into consideration the ongoing globalization of production and
markets. The global desire for technological products such as security systems and
laptop computers is increasing according to Anwar (2018). Emerging countries, such
as South Africa, offer exceptional opportunities because their economies are still
growing (Hovering, 2017). During the phase of its foreign market expansion, Farox
Technologies established a number of goals that it aimed to achieve both in the short
and long run.
2
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper BMZAcademy. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €5,39. Je zit daarna nergens aan vast.
Is Stuvia te vertrouwen?
4,6 sterren op Google & Trustpilot (+1000 reviews)
Afgelopen 30 dagen zijn er 75759 samenvattingen verkocht
Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen