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What is “ Initial Action and Direction ” for international market entry/development ?
This question is the inevitable for any international company eager to head for international scale of business. Being much important to lead to practical business, it should be logically solved and adjusted at significant key factors. The key factors can be summarized as;
- Establishing a “Clear Vision” and setting “Realistic Goals” for your aim/purpose
- “Market Investigation” of target market's character
- “Interview”and “Negotiation”with potential local partners for in depth assessment of markets
Finally, the “Initial Actions and Directions” must be developed by detailed “Strategic Market Plan” constructed up on the three key factors
How to Approach “ Initial Action and Direction ” ?
This will show ideal conditions until approaching forward “Initial Actions and Directions”. Nobody would doubt that this should be attained without relying upon unproductive trips abroad thus saving valuable time, effort and money and concentrating on more lucrative opening/opportunities before business commences. And important point is to catch “Initial Action and Direction” in fixed term, the answer would not come someday in the long time naturally passing.
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Globalscope Corporation
