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Module 05 Course Project.docx - Module 05 Course Project...

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Module 05 Course ProjectMarket Product InternationallyRecommendations
Introduction to Report:Apple is the one of the leading mobile phone company selling all around the world. Here, weare going to identify the main reasons why companies move to globalization. Identify theinternal abilities of the company that are required to expand internationally? Also, we aregoing to perform the PESTEL analysis of the emerging market where company is going tosale their products. Finally, recommend the marketing mix strategies for launching product inemerging market.1.Driver of Globalization:These are the driver that tends company to movetoward globalization and expand their business in any emerging market. There are manydrivers that are important are following:Cost DriverPolitical DriverMarket DriverCompetitive DriverThese are the main drivers that allow companies to go globalization. Cost Driver is the one ofthe main factors most of the companies move toward other countries where labor cost isminimum to cut their total cost. Political Driver is also factor after liberalize trade policies byWTO in developing countries GATT is low so companies move toward those countries. Inorder to expand their target market this is also reasons for move toward globalization. Lastly,the main factor is to compete the competitor by increasing trade and FDI. [ CITATIONMAR05 \l 2057 ]
2.Benefits of Launching Internationally:There are many benefits whencompany will launch their product globally. Some of them are following:Finding new talentIncrease the CompetitionEntry in new MarketThese are some benefits that new talent help company with some new skills to producesomething good. Moving toward global market give competition to competitor by growth ofthe company. Finally, when you enter in new market will increase your target market whichhelp the company to increase their sales.

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Term
Winter
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