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Added on  2023-02-02

32 Pages2827 Words66 Views
International Business
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Table of Content
1. Company Profile & History
2. E-business environment
2.1Digital Market analysis
2.2 PESTLE Analysis
3. Digital business technologies
4. Business Model
5. Competitive Advantage
Competitor Analysis
5.2SWOT Analysis
6. Market business strategy
6.1Licensing
6.2Fraternising
6.3Joint Venture
7. Recommendation
8. Conclusion
9. Reference
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Profile & History of Primark
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1. Company Profile & History
Business activities done across national borders is international
business. The process of international business is the purchasing and
selling of the goods, commodities and services outside its national
borders.
Such trade modes might be owned by the state or privately owned
organisation. The process of international trading is that to purchasing or
selling the goods, commodities and services outside its national borders.
In which the organisation explores trade opportunities outside its
domestic national borders to extend their business opportunities.
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2. E-business environment
Present study will be based on the company Primark which planning to
open new store in the china market.
However study will also going to discuss about the company
competitors and some Strategies that company can adopt to sustaining
in the long term market.
Primark is the republic and Irish fashion retailer store which is
headquartered in Dublin.
Further study will going to presents the market entry strategies for the
company and identify their macro and micro factors to analyse the
actual competition level within the market structure.
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2.1 Digital Market analysis
Expanding business into the new market is the kind of very effective
process for the business growth.
To get entered into the new industry it required a systematic and
disciplinary process to assess the potential opportunity and strategy.
Before entering, Primark should analyse the china market to measure
the competitors positioning and customer needs and wants, lifestyle,
behaviour etc.
Primark is the well known clothing retailer company in UK which
also planning to open 10 more stores as its international expansion
supported a 17 percent increase in full years sales.
and make better strategies to grab the attraction level of the
customers.
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2.2 PESTLE Analysis
China is one of the developing country in across the world. It also
known for its highly advanced techniques and creative thoughts which
represents the leading product or services growth in the market.
The main reason of companies for choosing to enter into the china
market is that size of the market is huge, low cost availability of labours
and the potential of growth.
For these reasons Primark also wants to open its fashion store in the
China market (PESTLE Analysis of china, 2015).
In order to make their existence, company need to go through from the
actual conditions of the environment by adopting the model of Pestle
analysis into the study.
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Political External environment factor
Government Regulations
Political factor is the distinct external factor of the business
environment that company has to analyse before entering into the new
market first time.
Political factors helps to more understand about their political,
governmental policies and regulations of the particular place.
Such as China having both formal and informal rules, which company
needs to abide to stay its business into long term.
Present China's government more focused on the development of E-
commerce systems.
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