June 2021
Intermediate to advanced
608 pages
35h 33m
English
In deciding to go abroad, the company needs to define its marketing objectives and policies. What ratio of international sales to total sales will it seek? Most companies start small when they venture abroad. Some plan to stay small; others have bigger plans.
The company must decide how many countries to enter and how fast to expand. Typical entry strategies are the waterfall approach, gradually entering countries in sequence, and the sprinkler approach, entering many countries simultaneously. Increasingly, firms—especially technology-intensive firms and online ventures—are born global and market to the entire world from the outset.
Matsushita, BMW, General Electric, Benetton, ...
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