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The market opportunities and competitive advantages in a new market through different entry modes : a case study of the Myanmar consumer electronic goods market | |
Author | Khin, Aye Aye Mon |
Call Number | AIT RSPR no. SM-94-20 |
Subject(s) | Marketing--Myanmar |
Note | A research study submitted for the partial fulfillment of the requirements for the degree of Master of Business Administration |
Publisher | Asian Institute of Technology |
Abstract | To be competitive in the international market and not to leg behind in the changing market situation, international corporations seek for a new market place. Expansion of market empires can provide firm a competitive edge and profitability for survival in the international competition. When entering a new country market it is necessary to identify its market opportunities. market potential and sale potential so that necessary market entry planning and strategies can be formulated. It is critical for competing with international competitors in that country in order to gain market share. Favorable opportunities are lying in the Myanmar market with its newly implemented economic policy attracting foreign investment in need of capital investment in manufacturing and other sectors for economic development. However, the rate of FDI is not satisfactory and instead foreign trading sector is growing in Myanmar. Many companies are from NI Cs. and their way of competing in this new market is interesting. The delay of FDI from foreign companies arouse the curiosity to study the market opportunities and existing firms' marketing effort in Myanmar. It was important to understand whether or not these efforts offer profitable enough for foreign firms and how foreign firms can gain competitiveness in a new market situation. Thus, this specific study concentrates on the consumer electronic market where electronic products are only at the initial stage of the product life cycle. To fulfill this, an analytical framework was proposed by analysis of external environment comprised of macro and micro environmental analysis, and of internal analysis. This was implemented in developing questionnaire for interviewing with the existing marketing firms of Toshiba, Sony, National, Sanyo, Hitachi, Goldstar, Daewoo, Como, Superone electronic goods in Myanmar. Secondary data was also gathered from different sources. The study showed that there are factors that weaken the opportunities to attract the FDI, such as insufficient power supply, regulations instability, foreign exchange rate difference, etc. Meanwhile the market is still attractive to mostly medium and small scale firms from NICs. There are even investment in the electronic manufacturing industry by Daewoo international firm from South Korea. Competitive edge is gained by their effective marketing entry strategy and planning with marketing performance of strong local partners. The market potential with growing sale rate is estimated. Since this study is made not only for the international electronic firms but also for other foreign firms entering the Myanmar market to help them understand all the possible beneficial ways of marketing in Myanmar. |
Year | 1994 |
Type | Research Study Project Report (RSPR) |
School | School of Management (SOM) |
Department | Other Field of Studies (No Department) |
Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
Chairperson(s) | Hertzberg, Ellen; |
Examination Committee(s) | Paul, Himangshu;Rieser, Ignaz |
Scholarship Donor(s) | Japan; |
Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 1994 |