Describe and explain foreign market entry strategy with justification for it
Task: Purdys chocolatier, a Canadian based family business, is growing to Mexico. Being a business consultant provide the following suggestions to the client(purdys)
1. Competitor Intelligence
Profile of main competitors and their products
Competitors power and influence in the market
Competitors competitive advantage(s)
2. Recommendations and Action Plan
Recommended market entry strategy with justification for it .(Franchising is not an option)
If you are suggesting any type of partnership, then provide examples of potential partners o Explain why
those partners would be interested in a partnership with this company
