White Paper on Pros and Cons of Positioning and Expanding the Essay

White Paper on Pros and Cons of Positioning and Expanding the Companys Strategy and Operational Direction in the Global Markets - sample ExampleCreating brand equity is the initial step for a company to develop acceptability from foreign markets. Brand positioning should also be through strategically to determine the target market for the products and services offered by the company. Finally, this paper provides different approaches and strategies that can serve as a reference for the planning of a companys mode of entry. White Paper on Pros and Cons of Positioning and Expanding the Companys Strategy and Operational Direction in the Global Markets Introduction Most multinational companies have been operating in the global market for decades, with combined sales that accounts for a quarter of the entire global economy. According to Kotler, Keller and Burton (2009), Altria and its subsidiary Philip Morris operates to over one hundred sixty countries with a total size comparable to t he economy of New Zealand, the companys exports in 2006 took part in the GDP Growth of the US comprising a quarter of the entire market.... A company gets its initial exposure to the transnational business when they start to establish foreign consider to partner countries for purchasing or selling raw materials, goods, or services. The transactions are relatively simple in cases where the flow of cash is only in one direction, for instance, an importer paying a foreign supplier. For this case, the primary need is foreign win over services and finance services without the need of having a bank account in the country where the employment partner is located. However, as the company expands its international business, the need to establish an operation in a foreign country becomes inevitable. This property acquisition may begin from having a simple sales office to a highly complex operation such as putting up a manufacturing facility. In this line, where international operations ha ndle making and receiving payments in a foreign currency, an effective international treasury management is important (Deroo, 2011). The drawback of such operations is that offshore trade activities are not visible to corporate treasury making it difficult to determine the companys cash position, control over foreign exchange exposures, and manage its working capital globally. There is also a deficiency for safety and security associated with preventing fraudulent activities as well as the occurrence of whatsoever unwanted degree of bank risks (Deroo, 2011). In order to increase the chances of thriving in the global market several steps should be undergone by the company. A strategic brand management process is important for a good quality product or service. Its most important goal is to develop an screaming(prenominal) customer loyalty. The process has four main steps, namely identifying and