Expanding Business

Expanding business internationally is something many businesses emergency to do and in that respect a some(prenominal)(prenominal) reasons to this. When a business expands overseas at that place ar many factors which the company must consider in tell to succeed and survive in the particular food market theyre aiming for. They must research a lot in the first place they make this step and learn virtually the market trends and the customer nature. They must also theater of operations about competitors in tell to survive in the market. Egypt is located in the Middle eastside and thats where MTK Inc. is trying to stigmatise up their marketing advisor aid. This may seem to be an easy job to fuse in the floriculture and all, but it is non like that. MTK Inc. does not bid or sell products; they provide armed service and intrust for the service they provide. For MTK Inc. to come up in Egypt they know about their culture and tradition so that they can further pr ove their service in the Middle East country. Egypt has many customs and formalness thats a reason why it is hard. on that academic degree is a huge cultural difference between the give States and Egypt. Egypt is mainly comprised of Muslims or people that follow the Islam religion. This is a study factor for MTK Inc., because they must understand that the people in Egypt argon conservative in nature and dont do that much spending.

The average monthly income of people living in Egypt starts from $450 for unskilled laborers. While the average monthly income of skilled laborers is $700 (payscale.com, 2012). Egypt h as been economically growing over the past d! ecade though, they have several oil reserves from which they export 163,000 bbl per day (cia.gov, 2009), their level growth rate is 1.2 percent which is not that high, but it is sorcerous decent. These are some of the main factors MTK Inc. should consider reviewing and researching before they set prices for their services. MTK Inc. has their consulting branches in two countries other than the U.S.; Canada and the European Union. They now wish to expand and set up...If you want to get a queen-sized essay, order it on our website: OrderCustomPaper.com

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