Here is the synopsis of our sample research paper on Riordan Manufacturing Industries. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 6 page paper looks at a range of expansion strategies that Riordan could use to undertake international expansion. The paper then considers 4 trading bloc areas as suitable targets, looking at the advantages and disadvantages of each. The bibliography cites 5 sources.
Page Count:
6 pages (~225 words per page)
File: TS14_TEriorexpan.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
different approaches each approach will have advantages and disadvantages. To undertake expansion there needs to be a consideration of the methods available and the potential markets.
There are different models of expansion. may be seen as the most straight forward way of expanding into another country or area. It involves the manufacturing
of the goods in the home country where the facilities already exist. This means that there is no need to find new premises or facilities in a new area. Therefore,
the capacity of the existing facilities will need to be capable of expansion. The advantage of this is the lack of additional facilities required and the retained control at the
existing plant. The problem with this method of expansion is that as an organic growth strategy it may be slow to yield results and it can also be costly. The
strengths of this strategy is the low level of required investment. This is a strategy that will allow a market to be tested out with only a small commitment. This
may also be seen as a simpler option and fewer exist barrier will exist with this strategy. However, there are also weaknesses.
If exporting is undertaken as a stand alone strategy, regardless of whether it is direct or indirect then the process may be long and difficult as the market needs to
be established. The forming of contracts may take time and without a presence in the new market this may be difficult, especially if this is a geographically different market. There
may also be shipping costs that can add to much onto the final product price to make it viable unless other economies of scale can be made (Mintzberg et al,
...