Preview

Baltic Economic Journal

Advanced search

Grounding for the decision to enter a new international market on the example of a german production company

https://doi.org/10.46845/2073-3364-2022-0-3-14-21

Abstract

The penetration of companies into international markets provides opportunities to increase the share of sales, increase income and profits, improve the status of the company, and increase competitiveness. Decision-making regarding the expediency of a company's entry into the international market depends on many factors. In the process of making such a decision, it is extremely important for the company's management to carefully analyze the benefits and risks associated with the penetration of each potential market of a particular country.

About the Authors

V. V. Dorofeeva
Kaliningrad State Technical University
Russian Federation

Dorofeeva Viktoria Viacheslavovna – doctor economy Sciences, Associate Professor at INOTEKU 

Kaliningrad 

 



E. N. Artemova
Kaliningrad State Technical University
Russian Federation

Artemova Ekaterina Nikolaevna –  master's student at INOTEKU

Kaliningrad 



References

1. Volodin Yu. V., Podkovyrov P. A. Strategy for entering international markets: an analysis of German and Russian companies / Yu. V. Volodin, P. A. Podkovyrov // Strategic decisions and risk management. 2018. No. 4. S. 20-35. (In Russ.).

2. Gutsunaev K. L. Organization's entry into the external market / K. L. Gutsunaev // Achievements of science and education. 2016. No. 12(13). (In Russ.).

3. Mityagina P. E. Market research as a basis for the strategy of Russian enterprises entering foreign markets / P. E. Mityagina // Alley of Science. 2017. No. 16. (In Russ.).

4. Metal Expert. Refractory Market No. 3(93) dated February 7, 2022. (In Russ.).


Review

For citations:


Dorofeeva V.V., Artemova E.N. Grounding for the decision to enter a new international market on the example of a german production company. Baltic Economic Journal. 2022;(3(39)):14-21. (In Russ.) https://doi.org/10.46845/2073-3364-2022-0-3-14-21

Views: 14


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2073-3364 (Print)