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JB HI-FI entry in the Nepal Market.docx - Running Head: JB...

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Running Head: JB HI-FI ASIAN MARKET ENTRY1JB HI-FI entry in the Nepal MarketStudent’s NameInstitution
JB Hi-Fi Asian Market Entry2Executive summaryIn this paper, the specific focus of this paper will be based on the JB Hi-Fi company and itsventure in the Nepal market. This is due to the fact that Nepal comprises of prospective potentialof efficient assets and resources and energy thus being able to aid JB Hi-Fi in establishing itsbusiness in an effective manner. Moreover, the country comprises of enough human resourcesthus the company will require less expenses in recruiting. On the other hand, the countrycomprises of low road density unlike other countries in Asia. Considering this about 60% of theroad networks are rural roads which tend to be difficult especially during adverse weatherconditions in some parts of the country. Another significant fact affecting is the political andeconomic instability which creates inadequate plans. Due to inadequate infrastructure, and thefact that the country is landlocked, the transportation cost has led to high cost which greatlyinfluences the competitive nature of the market. Such factors affect the country’s market inexpanding to global markets.
JB Hi-Fi Asian Market Entry3Table of ContentsExecutive summary.........................................................................................................................2Introduction......................................................................................................................................3Background of the company and that of the Nepal market.............................................................3SWOT analysis................................................................................................................................4Additional analysis of the selected country.....................................................................................5Competitive strategy analysis..........................................................................................................5Market entry Analysis and recommendations on the preferred options..........................................6Recommendations on production....................................................................................................6International HRM issues................................................................................................................7Conclusion.......................................................................................................................................8Reference.........................................................................................................................................9
JB Hi-Fi Asian Market Entry4IntroductionThe major objective of this paper, is analyzing the market entry of Nepal in which JB Hi-FiCompany is required to expand is market through establishment of retail electronic outlets in theregion. Thus the report highlights the present market situation so that the demand can beoverlooked of home electronic gadgets and evaluate its supply of the vital assets considering thenecessities of the company. Based on the country’s analysis, the report will specifically focus onfundamental frameworks such as the SWOT analysis which will provide a holistic preview of thepresent and prospective issues which will significantly aid in assessing the company’s trends.Additionally, the SWOT analysis undertaken will take into account the strengths, weaknesses,opportunities, and threats that influences JB Hi-Fi’s venture in the Nepal market. Generally, thecompany was established in 1974 in the Australian market, and it has now become the greatestprovider of home entertainment such as laptops, TV, headphones, tablets, and iPads.Consequently, the company has provided essential equipment which are helpful in enhancing theAustralian country’s economy. The major operation of the company is both New Zealand andAustralia. Although aside from this, the firm is projected to expand its business in Nepal throughidentification of probable advantages and threats in order for the organization to acquiremaximum output.

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Term
Spring
Professor
N/A
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JB Hi Fi

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