Flyboy, Inc :: essays research papers

Flyboy, IncFlyboy, Inc which is successful manufacturer of aircrafts wants to boom out its market to Pumonia.(a small petroleum rich kingdom that was once an Italian colony). The g overnment would be the psyche purchaser, along with some royalty private families. It is not possible for Flyboy to embark the marker without a local anesthetic representative. Flyboy is aware that grease payments and lavish gifts to node is Pamonia is customary. Before Flyboy skunk list any decisions in expanding to Pamonia, several aspects deal to be carefully analyzed and planned out, to avoid future troubles and make a smooth transaction. Both the advantages and disadvantages of this transaction should be con attitudered. Typically the advantages of efficaciously expanding abroad outweigh the disadvantages and therefore the advantages will 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 casti gate by Flyboy. The two major advantages of Flyboy moving into Pamonia include The opportunity for Flyboy to expand its geographic scope of its marketing. And the local presence permits Flyboy to maintain the aircrafts sold abroad, which can lead to better guest service and translate in to customer loyalty and satisfaction. This by the same token crates an increase in r pull downue.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 decrees. There are many unlike international laws that help out a firm when entering a revolutionary foreign market, but there are just as many new legion country regulations that Flyboy should consider before make any critical decisions.An example of one of the regulations that Flyboy should consider, especially if it will be in charge of marketing, is the regulations for advertising abroad. Adverting regulations are established so the host country can make sure that the new company complies with regulation such as publishing the truth in advertising, the language employ in the ads, and so they can have some control over the specific content. Flyboy should have very well planned marketing strategies and local marketing considerations. Since many of the advertising regulations abroad are not even a stated law, but rather an industry code detect by the local marketing organizations the best thing any new foreign company should do is seek legal advice from local practitioners and room local advertising appropriately.