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Need help with my writing homework on Chinese Economy. Write a 2500 word paper answering;
Need help with my writing homework on Chinese Economy. Write a 2500 word paper answering; The assessment of the situation of our existing markets as well as our potential new market, we recommend that we can enter the market through exporting by using piggybacking as the main method of entry into the market.
Every new company aspiring to succeed in any particular industry and economy needs to first address various important elements before making a formal entry into that sector or economy. The analysis of the strategies for making a successful entry into the market varies from industry to industry and economy to economy. It is very important that an entrepreneur must complete his homework before making a successful move. Based on the above important prerequisites, we have decided to form a company that will be working in the Textile industry. We intend to tap the business potential in the UK region. Our company will be a mid-sized player in these new markets with an emphasis on the quality of our products. As Textile industry especially in the UK has very stringent requirements regarding the quality of the stuff, therefore, we will be concentrating on producing quality products that can serve the market well.
Our existing markets are very well under control in terms of the satisfaction of our customers and their level of trust and confidence in our products. We intend to carry that image into the new markets of the UK also overall due to the very rapidly changing economic conditions and constant influx of visitors. we believe that the UK market will provide a very important opportunity for our company to fare well into that market. Though there are a lot of traditional elements involved in doing business in the UK however, due to the business-friendly environments and we hope to capture a very lucrative market.
Overall, our aim is to export children wear from China to the UK and this report would undertake to analyze the risks and benefits of going international and how it could be achieved.
