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You are a senior marketing consultant working for Ashanti Marketing Solutions (AMS) Limited. You have just been commissioned by a company (Marks& Spencer Group PLC (UK)) that wants to enter a suitable country (Bulgaria) with a new product or service (clothing sector). The problem is that, they do not know the kind of product or service to offer within the country you will be recommending. Your task is to produce a report on their behalf answering the following questions: ( I have given information to the tutor that I will use the ABOVE MENTIONED company and will open stores for clothes in the capital of Bulgaria -Sofia, Clothes are very expensive in Bulgaria, )
1. Recommend a product or service and a country and provide a macro-environmental analysis (PESTEL) explaining the possible opportunities as well as threats your client could face within the market of your recommended country and provide possible solutions. (30%)
2. Critically assess three modes of market-entry that could be suitable to your client. Out the three options, make a recommendation with justification as to the most appropriate one. (20%)
3. Applying the concepts of market segmentation and targeting critically evaluate the potential target market of your client. (20%)
4. Applying Porters generic strategy, explain how your client could gain competitive advantage by adopting one of the generic strategies in your recommended market (20%)
The remaining 10% of marks will be given for overall structure, presentation, synthesis and general use of wider references
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