Global ExpansionProjectSubmitted ByIntroduction There are different way in which organizations can enter foreign marketsafter it had been permitted by the government agencies. The success of the organization in the foreign market depends with themethod it chooses in the new markets it enters into Once entry in a foreign country has been achieved, organization is in aposition of running its operations in that country which ensures increasedmarketsSouth African Market Description South Africa is one of the in Africa and it lies in the southern tip of theAfrican Continent The country is peaceful and the communities living in the country arewelcomingThe country has a stable economy owing to the mining process that takeplace thereStrategies for entering market Some of the strategies that will be used include Franchising The use of joint ventures Buying already working companies thecountryPlan for entering South AfricaSteps to be followed areCommit our companyIdentify some points of entryOutline market entry strategyAssemble the planConduct researchCarry out some testsStartExit the planConclusion Entering into a new market is a risky process, organizations should take itwisely to ensure that all the relevant information is gathered. The best way of entering the market should be chosen while entering themarket All the risks should be identified and plan ...
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