Once a company decides to get involved in foreign markets, it faces with its strategic task to determine which markets to enter, when and in which sequences, to enter the market, and how to enter the market.
This paper deals with these three basic di...
Once a company decides to get involved in foreign markets, it faces with its strategic task to determine which markets to enter, when and in which sequences, to enter the market, and how to enter the market.
This paper deals with these three basic dimensions of decision making in focussing on increasing international competitiveness. The strategic entry decisions for foreign markets require the consideration of many relevant determinants in diverse perspectives and hence involve more complex process. Based on situative approaches the study shows which factors should be considered, that concern the selection of target markets, the entry timing and mode for the foreign markets, and how adequate strategies can be used.