USF market analysis Paper

Description

Please NOTE: my part is to do a market analysis for Marel company( Fishing machinery) that is located in Iceland and we want to expand it to Indonesia. Market Analysis -8 pts Research the possibility of bringing that product/ service to your country (localizing the foreign business). Elaborate a market analysis in which you examine the competitive, economical and political environment that will impact the future success of your product and company there. Focus on the aspects of these environments that are most relevant to your company and product. Useful analytic frameworks include the Five Forces analysis (Links to an external site.) (Porter), Boston Consulting Group Growth Share Matrix (Links to an external site.), or DG-PEST (Links to an external site.) to highlight the attractiveness of the market and industry. Here you should present information gathered from the assessment of the opportunity section of your opportunity assessment plan. Make sure your address the following:

1. What market need does it fill?

2. What is the size and past trends of this market?

3. What is the future growth and characteristics of this market?

4. What social condition underlines this market need?

5. What market research data can be marshaled to describe this market need?

6. What does the international market look like?

7. What does international competition look like?

8. What are total industry sales over the past five years?

9. What is anticipated growth in this industry?

10. How many new firms have entered this industry in the past three years?

11. What new products have been recently introduced in this industry?

12. What is the profile of your customers?

13. Where is the money to be made in this activity? (The activity that interests you most may be just off center from where the money to be made from this opportunity will be located.)

please answer all the question that have posted on the right side of the sheet, I will attach the file for you. and add whatever could be powerful and satisfy the answer, and I need you to highlight what you will add please.

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