Marketing Plan for Estonian Company
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This research develops a marketing plan for Kreenholm Manufactuur, a textiles production and marketing firm located in Estonia. The marketing plan for the company is developed in two stages: (1) an analysis of the situation and (2) a marketing strategy.Apparel and textiles are often considered as separate industries, as the latter produces the fibers and fabrics and the former produces finished garments from those fibers and fabrics. In an economic context, however, the problems faced by the two industries have been strikingly similar, and the two industries are often considered as if they were a single industry. The unified approach to apparel and textiles is followed in this research, and the term textiles industry refers to both the production of fibers and fabrics and to the manufacture of finished garments. Kreenholm Manufactuur is involved in both apparel and textiles. The situation within which Kreenholm Manufactuur must function is addressed in this section. The facets of the situation analyzed are (1) the Estonian economy, (2) the textile market, (3) the textile industry, and (4) Kreenholm Manufactuur. Projections for aggregate growth in the economies in transition mask wide variations in economic conditions among individual countries (World, 1994, p. 12). In most of Central and Eastern Europe, bold economic reforms have created the macroeconomic environment necessary for sustained growth. As the
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ironment, MFN status is affected primarily by human rights concerns, and by economic orientation (Bangsberg, 1994b, p. 3A).
Overhanging the industry in the longer term is the latest GATT trade agreement (Glover, 1994, p. 9). A major provision of this agreement relates to the phasing out of the MFA that has governed world trade in clothing and textiles for the past 20 years. The contents of the recently completed Uruguay Round agreement suggest that the WTO (World Trade Organization) has developed more bite: the agreement has more than doubled (from 20 percent to 44 percent) the share of non-agricultural imports by industrialized countries that will be free of duties (Niblett, 1995, p. 74). The agreement also drew the two most contentious sectors in world trade, agriculture and textiles, into the multilateral orbit, through "tariffication" of agricultural price supports and an "agreement to abolish the Multifibre Arrangement on textile trade by 1 January 2005" (Niblett, 1995, p. 75).
In the 1990s, the bulk of clothing import shipments to the United States and the European Community are products produced by contract for American manufacturers, as opposed to products produced on their own accounts by foreign manufacturers (Wal
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Some common words found in the essay are:
Kreenholm Manufactuur, Strategy Pricing, Alliances Whatever, Reagan Administration, Cooperation Development, France Germany, European Community, Slovenia Activity, Distribution Strategy, Fiber Agreement, kreenholm manufactuur, european community, united european, textiles industry, reagan administration, vandermerwe 1993, apparel textiles, united european community, american textiles industry, american textiles, pricing strategy, marketing mix, vandermerwe 1993 58, product strategy product, terry cloth products,
Approximate Word count = 3644
Approximate Pages = 15 (250 words per page)
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