Models of the enterprise entering the foreign market

Tetiana Ihnatenko, Daria Dundar
{"title":"Models of the enterprise entering the foreign market","authors":"Tetiana Ihnatenko, Daria Dundar","doi":"10.37634/efp.2023.12.22","DOIUrl":null,"url":null,"abstract":"The paper identifies the existing methods of enterprises' entry into foreign markets, presents the main motives that guide enterprises when making decisions to expand sales channels outside the territory of Ukraine (maximizing profits and ensuring long-term successful sales), as well as possible demotivating aspects related to the specifics of foreign markets (high costs of modifying products to meet the requirements of the foreign market, difficulty in entering it). In addition, the main ways for an enterprise to enter foreign markets are characterized (exports - direct and indirect; joint venture activities - licensing, production and management under contract, joint ventures, direct investment). The author analyzes the strengths and weaknesses of each of the main methods and proposes a general approach to the choice of the most optimal method by an enterprise in the context of the specifics of a particular business entity. This paper contains concrete practical recommendations for enterprises, the element of strategic development of that is going into a foreign market. In the paper a deep study of theoretical base and analysis of practical side of exit of enterprise are undertaken to the foreign market that gives an opportunity to define problem moments and guests of question of this process. This work contains a scientific novelty and practical meaningfulness.","PeriodicalId":112155,"journal":{"name":"Economics. Finances. Law","volume":" 18","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics. Finances. Law","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.37634/efp.2023.12.22","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0

Abstract

The paper identifies the existing methods of enterprises' entry into foreign markets, presents the main motives that guide enterprises when making decisions to expand sales channels outside the territory of Ukraine (maximizing profits and ensuring long-term successful sales), as well as possible demotivating aspects related to the specifics of foreign markets (high costs of modifying products to meet the requirements of the foreign market, difficulty in entering it). In addition, the main ways for an enterprise to enter foreign markets are characterized (exports - direct and indirect; joint venture activities - licensing, production and management under contract, joint ventures, direct investment). The author analyzes the strengths and weaknesses of each of the main methods and proposes a general approach to the choice of the most optimal method by an enterprise in the context of the specifics of a particular business entity. This paper contains concrete practical recommendations for enterprises, the element of strategic development of that is going into a foreign market. In the paper a deep study of theoretical base and analysis of practical side of exit of enterprise are undertaken to the foreign market that gives an opportunity to define problem moments and guests of question of this process. This work contains a scientific novelty and practical meaningfulness.
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
企业进入国外市场的模式
本文确定了企业进入外国市场的现有方法,介绍了企业在决定扩大乌克兰境外销售渠道时的主要动机(利润最大化和确保长期成功销售),以及与外国市场的特殊性有关的可能挫伤积极性的方面(为满足外国市场要求而修改产品的高成本、进入外国市场的困难)。此外,还介绍了企业进入外国市场的主要方式(出口--直接和间接;合资企业活动--许可、合同生产和管理、合资企业、直接投资)。作者分析了每种主要方式的优缺点,并提出了企业根据特定商业实体的具体情况选择最优方式的一般方法。本文为企业提出了具体可行的建议,其中包括进军国外市场的战略发展要素。本文对企业退出国外市场的理论基础和实践方面进行了深入研究和分析,为确定这一过程中的问题时刻和问题嘉宾提供了机会。这项工作具有科学新颖性和实际意义。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 去求助
来源期刊
自引率
0.00%
发文量
0
期刊最新文献
Management of international logistics support of enterprise activity The budgets development of international projects in the context of improving the efficiency of foreign economic activities Models of the enterprise entering the foreign market Directions of increasing the commercial efficiency of a trading enterprise Problems of financing small businesses in Ukraine
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1