an u answer it as soon as possible, thanks Koon’s is a leading instant noodle producer in Malaysia. In recent years, the company has experienced a rapid growth from international sales. Its products are now producing in Malaysia, Poland and North America and selling in 20 countries across Asia, Europe and North America. The success comes from its product localization, where it varies its instant noodle in ingredients, favours and packaging for buyers in different countries. Currently, Koon’s would explore theuntapped market in South Africa. (b) Identify and explain any THREE foreign market entry strategies that Koon’s could adopt to enter the South Africa market. Illustrate each strategy with an example from Koon’s case.
can u answer it as soon as possible, thanks
Koon’s is a leading instant noodle producer in Malaysia. In recent years, the company has experienced a rapid growth from international sales. Its products are now producing in Malaysia, Poland and North America and selling in 20 countries across Asia, Europe and North America. The success comes from its product localization, where it varies its instant noodle in ingredients, favours and packaging for buyers in different countries. Currently, Koon’s would explore theuntapped market in South Africa.
(b) Identify and explain any THREE foreign market entry strategies that Koon’s could adopt to enter the South Africa market. Illustrate each strategy with an example from Koon’s case.
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