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Name: Professor: Course: Date: International Expansion List the challenges that SpinCent overcame in developing its export strategy. SpinCent being a Small and Medium-Sized Enterprise had to overcome particular stumbling blocks in a bid to ensure that they shipped their products to the sprouting Asian market. One such challenge is wastage of resources. Each and every operating firm or company faces a similar predicament of scarce resources. As they sought to tap into the market and doing so without being in a partnership massive tons of capital was up for utilization. competition from established companies and therefore should come up with strategies that would ensure that they gain a competitive advantage. International expansion requires adhering to certain international standards. It is important that the firm produces centrifuges of the best quality and also have a highly skilled workforce that would merge with the requirements of the market. Global expansion requires that all the distribution centers have employees who are fluent in the language spoken in that region and this would be necessary so as to overcome the challenge of language barriers. [...]
Order Description:
With regard to the article in the pictures attached, answer the following questions. A. List the challenges that SpinCent overcame in developing its export strategy. B. Describe and evaluate the processes it followed to overcome each challenge. C. What additional suggestions would you give to SpinCent with regards to their international expansion? I have to upload the assignment 10/23 before 4pm.
Subject Area: Management
Document Type: Dissertation
