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Paper Topic:

Barriers to entry into foreign markets


Barriers to entry into foreign markets

Table of Contents

TOC \o "1-2 " \h \z \u HYPERLINK \l "_Toc3 " Introduction PAGEREF _Toc3 \h 3

HYPERLINK \l "_Toc4 " What is a foreign market ? PAGEREF _Toc4 \h 4

HYPERLINK \l "_Toc5 " Foreign Market Entry PAGEREF _Toc5 \h 4

HYPERLINK \l "_Toc6 " Global Assessment PAGEREF _Toc6 \h 4

HYPERLINK \l "_Toc7 " A Foreign Market Entry Plan PAGEREF _Toc7 \h 4

HYPERLINK \l "_Toc8 " The Foreign Market Growth Plan PAGEREF _Toc8 \h 5

HYPERLINK \l "_Toc9 " Methods of foreign

market entry PAGEREF _Toc9 \h 5

HYPERLINK \l "_Toc0 " Exporting PAGEREF _Toc0 \h 6 HYPERLINK \l "_Toc1 " International joint ventures PAGEREF _Toc1 \h 6

HYPERLINK \l "_Toc2 " Licensing PAGEREF _Toc2 \h 6 HYPERLINK \l "_Toc3 " Off-shore production PAGEREF _Toc3 \h 6

HYPERLINK \l "_Toc4 " Barriers to entry into foreign markets PAGEREF _Toc4 \h 6

HYPERLINK \l "_Toc5 " Psychological barriers in foreign exchange markets PAGEREF _Toc5 \h 6

HYPERLINK \l "_Toc6 " High import tariffs inclusive of restrictions related to national security PAGEREF _Toc6 \h 7 HYPERLINK \l "_Toc7 " Unfavorable foreign rules regulations PAGEREF _Toc7 \h 8

HYPERLINK \l "_Toc8 " Arbitrary tariff classifications PAGEREF _Toc8 \h 10

HYPERLINK \l "_Toc9 " Unfavorable quotas and embargos PAGEREF _Toc9 \h 15

HYPERLINK \l "_Toc0 " High costs of customs administration PAGEREF _Toc0 \h 16

HYPERLINK \l "_Toc1 " Restrictive health , safety and technical standards PAGEREF _Toc1 \h 18

HYPERLINK \l "_Toc2 " Non-tariff Barriers PAGEREF _Toc2 \h 20

HYPERLINK \l "_Toc3 " Conclusion PAGEREF _Toc3 \h 20

HYPERLINK \l "_Toc4 " Bibliography PAGEREF _Toc4 \h 23 Introduction

Any organization of relatively any size has some fundamental aims and objectives . One of such primal aims is to grow this growth can be in terms of sales , profits , or anything else but the underlying value is to grow . In a given region or rather in the country of origin , a firm may grow up to a certain extent may be by reaching each and every corner of the country and having presence everywhere but this `everywhere ' is limited or bounded by geographical boundaries so the growth , in essence is restricted . Organizations grow `big ' when they cross the bs arrive in a new market and capture mass customer base and then move on to another target while keep in mind-frame the issue of customer retention . This phenomenon or type of growth is known as entry into foreign markets . Generally , the government of any country welcomes foreign firms coming in as they increase the investor confidence and show signs of growth however , only in a few scenarios , that can be counted as exceptions , the local competitors welcome foreign firms There are several reasons to this fact , the prime reason being people 's attraction towards foreign products and services . To ensure their local market share retention , these local vendors create barriers to entry in the local markets , which are in essence foreign markets for the investor

This research presents an over view of the barriers that might be faced by an entrant into a foreign market . These barriers...

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