Skip to main content

Are you thinking of internalization: Here are 5 tips


Hello readers, internalization is a situation whereby a company sells goods or provide services to another country (a country that is different from where the business headquarter is domiciled. In other words it involves a sale between one country and another, this includes giving out a franchise to another company in another country.

Image courtesy of jscreationzs at FreeDigitalPhotos.net

- Perishable goods are provided by companies that are present in the same country as you, as such, if you are planning to explore internationalization you should not go into a business that will involve making perishable goods as they will be difficult to transport to other countries as they spoil easily. 

- Small scale services such as dry cleaning, car wash services and other similar services are not easy to transport from one country to another. Therefore, if you are thinking of internalization then you should not go into such businesses.

- When you are into a business that the products you make can be easily exported, if the taste of the consumers in the other country is not different from the taste of the consumers where your head office is located then it will best to use exportation as your medium of trading with them only.

- When you provide services such as having a restaurant or a chain of hotels then it will be best to have a branch of your business in that country. When products need to be differentiated to meet the needs of consumers in other countries then it is best to have a branch of your business there.

- When products cannot be easily transported then both exportation or having a branch of your business can be explored.

Keep checking out my blog regularly, cheers!


Comments

Post a Comment

Popular posts from this blog

Evil: Lekki Central Mosque

Asalam alaykum There are mosques and there are evil places that call themselves mosques, Lekki central mosque is one of those places such an evil place. The so called chief imam Ridwan Jamiu is also fake. A mosque, they have two floors. I  thought women where suppose to be upstairs and men downstairs. Yet, he allowed women to be entering the part where men enter, seeing women and men walking and passing through the same door. Women praying downstairs with no division between men and women. When I asked him about it, he said it is allowed. How is that allowed. Islam does not encourage the mixing of different sexes. Where ablution is done in the female part is sometimes dirty, when you are suppose to do ablution in a clean place.The toilets there were dirty and they face the qibla. Toilets are not meant to face the qibla according to Islamic law. There is one toilet there that did not face the qibla. A pit latrine, which i find odd why would there be regular toilets and one pit latri...
Post a Comment
Read more

Eid Mubarak

Hope you have a good one
15 comments
Read more

Quran 3:56-59

Asalam alaykum "As for those who disbelieve, I will punish them with a severe punishment, in this world and the next, and they will have no helpers.   And as for those who believe and do good works, He will give them their rewards in full. God does not love the unjust.”  This is what We recite to you of the Verses and the Wise Reminder. The likeness of Jesus in God’s sight is that of Adam: He created him from dust, then said to him, “Be,” and he was." Quran 3:56-59 Ma salam.
Post a Comment
Read more