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Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
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Topic:

International Market for Exavier Candy Company and Financial Considerations Needed

Essay Instructions:

Reading for the Discussion

Read the attached article "How to Enter a Foreign Market" and then answer the following questions based on the attached Exavier Candy Company scenario.

If Exavier Candy Company were to go global, what would they need to find out concerning the marketing of their products? Be specific.

What would be their best first international market (country or region) possibility and why?

What management/financial considerations would need to be considered?

Disclaimer: The organization and characters depicted in this exercise are fictional. Any resemblance to real organizations or individuals is purely coincidental.

Essay Sample Content Preview:

Market Entry
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Market Entry
If Exavier Candy Company were to go global, they would need to find out if their product is marketable in the global market environment. Given that they have primarily served the U.S. market for the last 100 years, they are not guaranteed that their products will succeed in the global market. Perhaps they need to research the marketability of their products in the foreign market before deciding to venture abroad. The company may also need to examine the production costs in other countries before deciding to shift some or all its manufacturing processes abroad.
While there are many potential international markets for Exavier, setting up operations in the Asian region in countries like China and India will help them compete effectively. The competitors of the company produce and transport their products at a lower cost to the U.S. market, and for Exavier to catch up, they have to find ways to lower their produc...
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