Expanding Pure Elegance Cosmetic Incorporation to Japan Research Paper

Expanding Pure civilization Cosmetic Incorporation to Japan - Research Paper ExampleAll queries would be assisted with no additional costs. Looking forward to functional with you again. Sincerely, LaShonda D. Baker LaShonda D. Baker Table of Contents Letter of transmission i Executive Summary iii Introduction 1 Purpose and Scope.. 1 Assumptions 1 Method 1 Market Prerequisites 2 Economic Viability. 2 Political Stability. 2 cultivation. 3 Legal Restrictions 3 Market Expectations 3 Market Acceptability 3 Competitors Analysis... 4 Location... 4 Workforce... Pure Elegance Cosmetics Incorporation is a stable company with the potential for expanding into the ball-shaped trade. The best destination for its blowup would be Tokyo, the capital of Japan. Tokyo is home to the majority of the 68 transnational businesses that are operative in the country. With more than a quarter of the countrys population working round the clock, Tokyo is a vibrant market for cosmetic products. It is a met ropolitan city, and the company would gather up a lot of exposure from this business venture. Japan is the second largest and strongest economy in the world, and the second largest cosmetics market in the world. It is home to the oldest and the fourth largest cosmetics company in the world. With a population of 127 million and an unemployment rate of 4%, it is a stable and thriving market for a foreign business. The government is stable and the regulations for foreign coronation are lax and easy, favoring the companys transition into the country. Pure Elegance Cosmetics Incorporation, being a financially strong and stable company, is ready to expand into the global market. The most suitable destination for its foreign stores would be the Japanese market. Japan is a thriving and stable economy, and its policies welcome foreign businesses. It is also a precise affluent consumer society, which would be to the benefit of the company. It is recommended that the company adopts the foll owing action plan for a successful expansion into the Japanese market.