Flyboy, Inc :: essays research papers

Flyboy, IncFlyboy, Inc which is successful manufacturer of aircrafts wants to protract its market to Pumonia.(a small oil rich kingdom that was once an Italian colony). The government would be the principal purchaser, along with some royalty tete-a-tete families. It is not possible for Flyboy to enter the marker without a local representative. Flyboy is conscious that grease payments and lavish gifts to customer is Pamonia is customary. Before Flyboy can make each decisions in expanding to Pamonia, several aspects need to be c atomic number 18fully analyzed and intend out, to avoid future troubles and make a smooth relations. Both the advantages and disadvantages of this transaction should be considered. Typically the advantages of effectively expanding afield outweigh the disadvantages and on that pointfore the advantages result only be boldly stated. More time will be spent in analyzing in more detail the minuses of this transaction and showing how these disadvantages can be overcome by Flyboy. The two major advantages of Flyboy locomote into Pamonia include The opportunity for Flyboy to expand its geographic scope of its marketing. And the local figurehead permits Flyboy to maintain the aircrafts sold abroad, which can lead to better customer redevelopment and translate in to customer loyalty and satisfaction. This by the same figure crates an increase in revenue.On the other side of the coin- the disadvantages or not so attractive side of the transaction are the following By setting up and hiring agents (dependent or independent) the company has subject itself to local laws and regulations. in that location are many different international laws that help out a firm when entering a new foreign market, but there are just as many new host rural regulations that Flyboy should consider before making any critical decisions.An example of adept of the regulations that Flyboy should consider, especially if it will be in charge of marketing, is the r egulations for advertising abroad. Adverting regulations are established so the host country can make surely that the new company complies with regulation such as publishing the law in advertising, the language used in the ads, and so they can take on some control over the specific content. Flyboy should have very swell up planned marketing strategies and local marketing considerations. Since many of the advertising regulations abroad are not even a stated law, but quite an industry code observed by the local marketing organizations the outgo thing any new foreign company should do is prove legal advice from local practitioners and fashion local advertising appropriately.