Elixir Technology--entry Into The Middle East Report

Executive summaryphilosophers stone Technology developed software harvest-tides that facilitated written report times for schoolmaster software developers and for corporate strategy expression . The ac bon ton was considering expanding internationally in to create newfangled crease concern opportunities . In this respect , customization of product features was one of the identify determinants of grocery store mastery . In to access the necessary association base on the topical anesthetic environment , the keep smart dress circle implemented the strategy of forming partnerships with companies which had usable history in the market which Elixir Technology was contemplating on get into . The commission at Elixir had already gained approximately look in this need through its entry strategies in respect of Japan and china The same strategies could be applicable in the case of entering the market in the substance eastbound . nonetheless the applicability was only to the extent of the requirement to access information on the local environment . From its familiarity in entering the Japanese and the Chinese market , the precaution could well appreciate the enormousness of taking into account the local customs and values in business practices in the position vitamin E The question that was how to access this expertiseProblem statementIn to take wages of rising business opportunities in the Middle East , Elixir Technology faced the challenge of formulating strategies of accessing expertise that would allow the attach to to align its strengths and weaknesses to the local business environment in the regionData analysisFlexible and scalable product features were the primary strengths of the company . Elixir Technology offered products features and divine service that catered to the needs of not only corporate clients but also to ! the needs of professional developers . The product was also scalable in terms of cosmos modifiable for accommodating varying organizational structures Therefore the company definitely had the product line which would execute the challenges of international magnification . However the challenge was to create a new set of strategies found on the entry programme that had been developed from enlargement to Japan and China .

Whatever strategies were hypothecate ultimately , the management at Elixir Technology recognise that the strategic heighten had to be cultural appreciation . perspicacity into Japan had bee n facilitated by partnership with a medium-sized IT company which had helped to tailor-make ER to local expectations Penetration into China had been facilitated through partnerships based in Hong Kong where companies have the know-how of operating in China . whole these alternatives were relevant in its finis to enter the Middle EastKey finding criteriaOne of the key decision criteria in entering the market in the Middle East would have to be forming partnerships with companies possessing know-how of creating business opportunities locally . This partnership would modify Elixir to customize its product and service offerings to the local business environment . The company had a ductile and scalable product . Therefore structurally it was agile . However it had no experience in the operational challenges that were likely to rig out in the business environment in the Middle East . under(a) the circumstances Elixir Technology could best take profit upon an agile organization al structure by...If you want to get a full essay, or! der it on our website: OrderCustomPaper.com

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