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Hello, I am looking for someone to write an essay on Expanding Pure Elegance Cosmetic Incorporation to Japan. It needs to be at least 2000 words.Download file to see previous pages... All queries woul
Hello, I am looking for someone to write an essay on Expanding Pure Elegance Cosmetic Incorporation to Japan. It needs to be at least 2000 words.
Download file to see previous pages...All queries would be assisted with no additional costs. Looking forward to working with you again. Sincerely, LaShonda D. Baker LaShonda D. Baker Table of Contents Letter of Transmittal………………………………………………………………………… i Executive Summary………………………………………………………………………… iii Introduction………………………………………………………………………………… 1 Purpose and Scope………………………………………………………………….. 1 Assumptions………………………………………………………………………… 1 Method……………………………………………………………………………… 1 Market Prerequisites………………………………………………………………………… 2 Economic Viability…………………………………………………………………. 2 Political Stability……………………………………………………………………. 2 Culture………………………………………………………………………………. 3 Legal Restrictions…………………………………………………………………… 3 Market Expectations………………………………………………………………………… 3 Market Acceptability………………………………………………………………… 3 Competitors Analysis………………………………………………………………... 4 Location……………………………………………………………………………... 4 Workforce...
Pure Elegance Cosmetics Incorporation is a stable company with the potential for expanding into the global market. The best destination for its expansion would be Tokyo, the capital of Japan. Tokyo is home to the majority of the 68 international businesses that are operative in the country. With more than a quarter of the country’s population working round the clock, Tokyo is a vibrant market for cosmetic products. It is a metropolitan city, and the company would garner a lot of exposure from this business venture.
Japan is the second largest and strongest economy in the world, and the second largest cosmetics market in the world. It is home to the oldest and the fourth largest cosmetics company in the world. With a population of 127 million and an unemployment rate of 4%, it is a stable and thriving market for a foreign business. The government is stable and the regulations for foreign investment are lax and easy, favoring the company’s transition into the country.
Pure Elegance Cosmetics Incorporation, being a financially strong and stable company, is ready to expand into the global market. The most suitable destination for its foreign stores would be the Japanese market. Japan is a thriving and stable economy, and its policies welcome foreign businesses. It is also a very affluent consumer society, which would be to the benefit of the company. It is recommended that the company adopts the following action plan for a successful expansion into the Japanese market.