This book is aimed at students and professionals who are interested or involved in international market entries or product launches. The focus of the first part of the book is on market analysis, competitive positioning and common pitfalls of multinational companies. Franchising, licensing, joint ventures, the Greenfield strategy as well as mergers & acquisitions are explained in detail with their advantages and disadvantages. The accompanying case studies for each entry method illustrate common problems outlined in the text. The second part of the book introduces the reader to the influence of culture on international market entries. Managers will find important advice in this chapter on what to take care of, how to prepare for and to avoid cultural clashes. Each market entry strategy has its impacts on the corporate culture of a company, on its people and on the environment.
