Internationalization Strategies of ABD: A Case Study Analysis
VerifiedAdded on 2022/08/10
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Case Study
AI Summary
This case study examines the internationalization process of Advanced Biomedical Devices (ABD), focusing on their use of the CORE (Company Readiness to Export) framework. The analysis highlights ABD's resources, skills, and capabilities, including the suitability of their biomedical devices for international markets due to their cost-effectiveness, ease of transport, and climate-controlled storage capabilities. The case study also explores the company's after-sales service capabilities and its readiness to meet international standards and regulations. Furthermore, it provides recommendations for ABD's management, emphasizing the importance of understanding external factors, cultural nuances, and the competitive landscape in foreign markets. The study underscores the significance of innovation, marketing, and employee training in successful internationalization, concluding with a summary of the key factors for ABD's global expansion.
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