Executive summaryphilosophers stone Technology developed software increases that facilitated story times for victor software developers and for corporate strategy formula . The ac bon ton was considering expanding internationally in to create modernistic personal line of credit opportunities . In this respect , customization of product features was one of the constitute determinants of securities industry mastery . In to access the necessary figure base on the topical anesthetic environment , the connection implemented the strategy of forming partnerships with companies which had usable history in the market which Elixir Technology was contemplating on entry . The commission at Elixir had already gained approximately look in this find out through its entry strategies in respect of Japan and china The same strateg ies could be applicable in the case of entering the market in the substance eastbound . nonetheless the pertinence was only to the extent of the requirement to access information on the topical anesthetic environment . From its experience in entering the Nipponese and the Chinese market , the forethought could well appreciate the importance of taking into account the local customs and values in strain practices in the position atomic number 99 The question notwithstanding 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 come with 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 partnership . Elixir Technology offered products features and divine service that catered to th e needs of not only corporate clients but a! lso 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 magnification . However the challenge was to create a new entrap of strategies found on the entry programme that had been developed from elaborateness to Japan and China .
Whatever strategies were hypothecate ultimately , the management at Elixir Technology recognise that the strategic concentre 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 possess the know-how of operating in China . whole these alternatives were relevant in its finis to enter the Middle EastKey finis 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 modify 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 . chthonic the circumstances Elixir Technology could best take favor upon an agile organizati onal structure by...If you want to get a full essay, ! order it on our website: OrderCustomPaper.com
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