1.1 Which Foreign Markets?
Political factors
Economic factors
We learned it already!
All right then let's begin with which foreign markets to enter. Actually we learned many of this parts in this class. Do you guys remember economic and political factors that influence the attractiveness of a foreign markets? No one? You can speak in korean. All right then I will let you know. Please li
rapid growth since 1963. Real GNP grew at an average annual rate of 9.0 percent between 1963-93. As a result, Korea's status changed from an underdeveloped country in the 1960s to an upper mid-level developing country in the 1990s. It is well known that foreign debt and the government's active economic policy played an important role in her economic growth. Korea's successful pursuit of an
the part of the total debt in a country that is owed to creditors outside the country
money owed to private commercial banks, other governments, or international financial institutions such as the IMF and World Bank
Foreign debt management
1) Risk management
currency and interest rate movements
frequent commodity price fluctuations
The debt crises of the early 1980’s
oil price hikes
I. First Foreigner
1. Where's the best & worst place to live in Korea? Why?
The best place to live is Derck Jock Island which is located near Inchon City, because there is very clean & quiet.
I don't know where is the worst place to live in Korea.
2. What do you think about Korean Fashion Trends? Why?
I don't like Korean Shoes. Because Korean Shoes are so cheesy.
3. What do you th
foreign market choice
By examining change in the organizational form of the investing company and foreign country market selection
One option is to focus on different niches of the market where we are able to satisfy their needs and wants.
The basis of other marketing actions
It will require a big management effort to direct the strategy to each market niche and also t