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Saturday, December 7, 2013

STRATEGIES FOR COMPETING IN INTERNATIONAL MARKETS



In this chapter I have learn strategies if some company want to market their product or service into international market. The picture above is the reasons why the companies want to get compete into international markets. This chapter also I have learned about the Porter’s Diamond of national competitive advantage like in the picture below: 



Other than that, in tutorial class Miss Ummi has giving us one case study about piping hot dog. It is an ongoing process for entrepreneurs as we are always seeking ways to improve in the industry. “I have the joy of watching others grow successfully through my franchise programme” [Tengku Rozidar Tengku Zainal Abidi]. The hot dog company named as Nineteen O One Sdn. Bhd. is a franchise company. ‘‘We want to penetrate the Middle Eastern market and other markets with Muslim population for our halal food. We aim to be a global halal brand,’’ this is one of what have the owner of the company said. For this case study the owner have mention that everyone likes hot dog and if they want to expend their business they must to enter international markets. Before that also Madam Rozidar which is the owner of the companies have studies about international market and makes the decision to enter the markets. All in all, we must to have knowledge and goods strategies to compete in international market. (^^,)









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