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Emerging Markets : a Case Study on Foreign Market Entry in Laos; MBA-thesis in marketingLindh, Petter January 2009 (has links)
<p><strong>Background</strong></p><p>This thesis is conducted for Husqvarna AB with the aim to map the Laotian market for them in terms of market potential for forestry power equipment. In order to provide decision material for further action I was asked to give a description of the Laotian forestry sector; research potential harvesting volumes; analyze the competitive situation; describe the general business conditions in Laos; and provide some insight as to how Husqvarna can enter the Laotian market.</p><p><strong></strong></p><p><strong>Method</strong></p><p>The method I have used for collection of information is two-fold. The empirical data has mostly been derived via interviews with forestry officials and companies involved in forestry. The theoretical review and collection of secondary data has been performed by research of books, journals, reports, newspapers and online sources. The research methodology can accordingly be labelled "the actor approach" which methodology is based on understanding social entireties. An important element in this approach is a process referred to as the hermeneutic circle - a process in which new knowledge is continuously incorporated into the understanding and used as base for further research. An important part of the method is my personal experience of Laos, from which I consider myself being able to base some conclusions.</p><p><strong></strong></p><p><strong>Theoretical Review</strong></p><p>Foreign market entry can generally be made in four modes: Exporting, licensing, joint ventures, or sole ventures. Foreign market entry strategies may involve adapting the marketing strategy. It may also necessitate product adaption.</p><p> </p><p>Market entry in developing countries will most likely mean being exposed to unfamiliar environments. The general business conditions might be very different from the home market and constitute higher levels of trade barriers and sociocultural distance may be difficult to deal with.</p><p><strong></strong></p><p><strong>Case Study, Conclusions and Reflections</strong></p><p>The highlights from these two chapters include:</p><ul type="disc"><li>Laos offers foreign investors to use any of the four market entry modes.</li><li>Doing business in Laos receives a low international rating, especially in terms of labor restrictions. It also has rather high trade barriers.</li><li>Laos is developing its commercial tree plantation sector and estimates suggest that the harvesting volumes will be increasing rapidly in the coming 10-15 years.</li><li>Importing and selling forestry power equipment is restricted. Laos does not yet have any authorized dealer for chainsaws. This provides for interesting opportunities.</li><li>The market is flooded with cheap, illegally imported, Chinese chainsaws, but it is questionable whether this actually constitutes any competition to Husqvarna, being a high quality brand. The Chinese chainsaws might however soon increase in terms of quality and be more competitive.</li><li>Obtaining an import and sales license for outdoor power products may be a rather lengthy procedure but once in place would mean being the first authorized dealer - which might be advantageous.</li></ul><p> </p><p><strong>Recommendation</strong></p><p>Due to Laos making efforts to increase the commercial tree plantation area, the harvesting volumes will increase rapidly the coming years. The sales potential for forestry equipment will hence increase in the years to come.</p><p> </p><p>My recommendation to Husqvarna, if they have resources, is therefore to locate a dealer and enter the Laotian market. Plantations are however still mostly in the development phase. It is therefore doubtful that early entry is profitable enough to be motivated if there are other markets with higher potential that Husqvarna wants to enter.</p><p> </p>
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Emerging Markets : a Case Study on Foreign Market Entry in Laos; MBA-thesis in marketingLindh, Petter January 2009 (has links)
Background This thesis is conducted for Husqvarna AB with the aim to map the Laotian market for them in terms of market potential for forestry power equipment. In order to provide decision material for further action I was asked to give a description of the Laotian forestry sector; research potential harvesting volumes; analyze the competitive situation; describe the general business conditions in Laos; and provide some insight as to how Husqvarna can enter the Laotian market. Method The method I have used for collection of information is two-fold. The empirical data has mostly been derived via interviews with forestry officials and companies involved in forestry. The theoretical review and collection of secondary data has been performed by research of books, journals, reports, newspapers and online sources. The research methodology can accordingly be labelled "the actor approach" which methodology is based on understanding social entireties. An important element in this approach is a process referred to as the hermeneutic circle - a process in which new knowledge is continuously incorporated into the understanding and used as base for further research. An important part of the method is my personal experience of Laos, from which I consider myself being able to base some conclusions. Theoretical Review Foreign market entry can generally be made in four modes: Exporting, licensing, joint ventures, or sole ventures. Foreign market entry strategies may involve adapting the marketing strategy. It may also necessitate product adaption. Market entry in developing countries will most likely mean being exposed to unfamiliar environments. The general business conditions might be very different from the home market and constitute higher levels of trade barriers and sociocultural distance may be difficult to deal with. Case Study, Conclusions and Reflections The highlights from these two chapters include: <ul type="disc">Laos offers foreign investors to use any of the four market entry modes. Doing business in Laos receives a low international rating, especially in terms of labor restrictions. It also has rather high trade barriers. Laos is developing its commercial tree plantation sector and estimates suggest that the harvesting volumes will be increasing rapidly in the coming 10-15 years. Importing and selling forestry power equipment is restricted. Laos does not yet have any authorized dealer for chainsaws. This provides for interesting opportunities. The market is flooded with cheap, illegally imported, Chinese chainsaws, but it is questionable whether this actually constitutes any competition to Husqvarna, being a high quality brand. The Chinese chainsaws might however soon increase in terms of quality and be more competitive. Obtaining an import and sales license for outdoor power products may be a rather lengthy procedure but once in place would mean being the first authorized dealer - which might be advantageous. Recommendation Due to Laos making efforts to increase the commercial tree plantation area, the harvesting volumes will increase rapidly the coming years. The sales potential for forestry equipment will hence increase in the years to come. My recommendation to Husqvarna, if they have resources, is therefore to locate a dealer and enter the Laotian market. Plantations are however still mostly in the development phase. It is therefore doubtful that early entry is profitable enough to be motivated if there are other markets with higher potential that Husqvarna wants to enter.
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Experiences of Laotian teachers of the Human Values Water, Sanitation and Hygiene Education training programmePadayachee, Silverani 01 1900 (has links)
Access to safe water and improved sanitation remains threatened by the ever increasing
demand in urbanised cities of the world. Adequate management of this problem could
not be achieved through technical and regulatory methods alone. A human values-based
education approach, namely the Human Values Water, Sanitation and Hygiene
Education (HVWSHE) programme, was considered a suitable intervention strategy to
bring about the desired changes in attitude and behaviour by the water users.
This research involves an empirical case study approach that explores the experiences
of Laotian teachers as adult learners of the HVWSHE intervention as well as a literature
study on adult education, adult learning facilitation, human values-based education and
teacher beliefs. Focus group meetings, lesson observations, participant observation,
field notes and a researcher journal was used to collect data.
This study revealed that the HVWSHE training programme had a positive effect on the
adult learners’ attitude and behaviour towards a better water-use and sanitation-friendly
ethic. / Educational Studies / M. Ed. (Adult Education)
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Experiences of Laotian teachers of the Human Values Water, Sanitation and Hygiene Education training programmePadayachee, Silverani 01 1900 (has links)
Access to safe water and improved sanitation remains threatened by the ever increasing
demand in urbanised cities of the world. Adequate management of this problem could
not be achieved through technical and regulatory methods alone. A human values-based
education approach, namely the Human Values Water, Sanitation and Hygiene
Education (HVWSHE) programme, was considered a suitable intervention strategy to
bring about the desired changes in attitude and behaviour by the water users.
This research involves an empirical case study approach that explores the experiences
of Laotian teachers as adult learners of the HVWSHE intervention as well as a literature
study on adult education, adult learning facilitation, human values-based education and
teacher beliefs. Focus group meetings, lesson observations, participant observation,
field notes and a researcher journal was used to collect data.
This study revealed that the HVWSHE training programme had a positive effect on the
adult learners’ attitude and behaviour towards a better water-use and sanitation-friendly
ethic. / Educational Studies / M. Ed. (Adult Education)
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