Elixir Technology--entry Into The Middle East Report

Executive summaryphilosophers stone Technology developed software products that facilitated report times for professional software developers and for corporate strategy formulation . The ac bon ton was considering expanding internationally in to create new business opportunities . In this respect , customization of product features was one of the key determinants of market mastery . In to access the necessary knowledge base on the topical anesthetic environment , the company implemented the strategy of forming partnerships with companies which had usable history in the market which Elixir Technology was contemplating on entering . The commission at Elixir had already gained approximately look in this regard 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 experience in entering the Japanese and the Chinese market , the management could well appreciate the importance of taking into account the local customs and values in business practices in the position East The question however 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 company 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 being modifiable for accommodating varying organizational structures Therefore the company definitely had the product line which would execute the challenges of international expansion . However the challenge was to create a new set of strategies found on the entry programme that had been developed from expansion to Japan and China .

Whatever strategies were hypothecate ultimately , the management at Elixir Technology recognise that the strategic focus had to be cultural appreciation . perspicacity into Japan had been 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 possessed the know-how of operating in China . whole these alternatives were relevant in its finis to enter the Middle EastKey decision 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 enable 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 the circumstances Elixir Technology could best take advantage upon an agile organizational structure by...If you want to get a full essay, order it on our website: Ordercustompaper.com

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