International Business Strategies Report: Market Entry and Expansion
VerifiedAdded on  2022/09/16
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Report
AI Summary
This report analyzes the international business strategies of several companies, including Taco Bell, Donkin Donuts, and TESCO, focusing on their market entries and subsequent failures in specific countries. The report delves into the reasons behind Taco Bell's failure in Dubai, attributing it to a lack of market research and customization, as well as poor brand recognition. It then proposes strategies for Taco Bell to revive its business in the UAE, emphasizing the need for proper localization and promotional strategies. Similarly, the report examines Donkin Donuts' failure in India, citing a misunderstanding of local breakfast routines and preferences. It suggests a transnational strategy for Donkin Donuts to regain profitability and growth. Finally, the report investigates TESCO's failure in the USA, pointing to poor location choices and an unsuitable store size strategy. It proposes a global standardization strategy for TESCO to improve its market performance. The report concludes by highlighting the importance of market research, localization, and appropriate strategic positioning for successful international business ventures.
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