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Chapter 12 Analyzing International Opportunities
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International Business 4e
Chapter Preview List each key factor to assess in national business environments Discuss measuring potential in emerging and industrialized markets Identify three key market research difficulties Explain the usefulness of each secondary data source Describe each method of primary research © Prentice Hall, 2008 International Business 4e
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Screening Markets and Sites
Step 1 Step 2 Step 3 Step 4 Identify basic appeal Assess national business environments Measure market or site potential Select the market or site © Prentice Hall, 2008 International Business 4e
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International Business 4e
Identify Basic Appeal Basic demand Climate Absolute bans Available resources Labor Materials Financing © Prentice Hall, 2008 International Business 4e
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National Forces: Culture
Market selection Global product Tailored product Site selection Education level Technical skills Work ethic © Prentice Hall, 2008 International Business 4e
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National Forces: Political/Legal
Government regulation Investment barriers Profit repatriation Government bureaucracy Administrative delays Political stability Unforeseen political change © Prentice Hall, 2008 International Business 4e
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National Forces: Economic/Other
Country finances Trade and investment policies Currency and liquidity Logistics Country image © Prentice Hall, 2008 International Business 4e
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National Forces: e-Business
Infrastructure, market access Internet access Content and standards Legal matters Privacy and security Intellectual property Financial issues Electronic payments Tariffs and taxation © Prentice Hall, 2008 International Business 4e
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Potential: Industrialized Markets
Demographics Competitors’ market shares Import/Export volumes Distribution network Marketing approaches Retail sales levels Income elasticity © Prentice Hall, 2008 International Business 4e
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Potential: Emerging Markets
Market size Market growth rate Market intensity Market consumption capacity Commercial infrastructure Economic freedom Market receptivity Country risk © Prentice Hall, 2008 International Business 4e
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Select the Market or Site
Field trips Engage in negotiations Gain firsthand exposure Contact customers/others Competitor analysis Access to inputs Competitors’ numbers/shares Competitors’ strategies Channel access Customer loyalty © Prentice Hall, 2008 International Business 4e
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Market Research Difficulties
Cultural problems Availability of data Comparability © Prentice Hall, 2008 International Business 4e
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Secondary Data Sources
International organizations Government agencies Industry/Trade associations Service organizations Internet and World Wide Web © Prentice Hall, 2008 International Business 4e
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International Business 4e
U.S. States Go Global © Prentice Hall, 2008 International Business 4e
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Methods of Primary Research
Trade shows and missions Interviews and focus groups Surveys Environmental scanning © Prentice Hall, 2008 International Business 4e
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International Business 4e
Chapter Review List each key factor to assess in national business environments Discuss measuring potential in emerging and industrialized markets Identify three key market research difficulties Explain the usefulness of each secondary data source Describe each method of primary research © Prentice Hall, 2008 International Business 4e
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