DJI Industrial Drones
This week you will begin work on your final project. Your final project will be counted as your final exam and will consist of preparing a Global Business Plan. A link to the outline is provided below:
This class strives to provide you with papers/projects that relate to real-world expectations. You will first choose a product or service (not both) and one country. This plan is specifically written for one product or service and one country - no comparison or contrasting!
After you have read the guidelines, write a few paragraphs which summarize your final project idea.
Submit this by the normal time on Monday but earlier would be better!
Please contact me if you have any questions regarding a product/service and/or a country of choice.
Take Note:
for this assignment, you need to select a topic and country selection. This is for a new market entry, for a product or service, that does not yet exist in that market. This is not research of an existing product.
iPhone already exists in the US and globally(WRONG).
The country selection should be a country you are not familiar.
Also, the product/service you select should ultimately meet the needs of the consumers in that market.
If you would like to select the iPhone 12 PRO, I need you to select and profile a country where it does not yet exist.
Assignment – DJI Industrial Drones
Your Name
Subject and section
Professor's Name
January 30, 2021
Understanding the relationship between market circumstances and the success of a product is essential for any new business. It allows the management to make crucial decisions that would improve the success and viability in launching a new product in a marketplace where such a service does not exist yet. In this article, the author would like to propose DHI Industrial Drones' entry into the Philippine market. This analysis would include an overview of the market conditions and why the author wanted to launch the said service in the chosen country. All in all, it is the author's belief that the use of industrial drones would be best, especially for a country with a consistent improvement in industrial capabilities.
Service and Market
DJI Industrial drones would be a perfect fit for the Philippine market due to its ever-increasing industrial economy that values technology's importance. According to recent studies done by WorldBank.Org (2019), the Philippines is expected to grow its economy by 6.1% to 6.2% by the year 2021. Despite the setbacks caused by the pandemic, government reports have shown a consistent improvement in the country's infrastructural programs under the current regime's 'Build, Build, Build' initiative CITATION Mal20 \l 1033 (Malindog-Uy, 2020). Accordingly, these continuous infrastructural developments that aim to further propel the country's industrial capabilities present an opportunity for the market for industrial drone technologies. From road constructions (i.e., overpass constructions), agricultural mapping tools, and oil refinery monitoring, among others, DJI Industrial drone technologies could serve thousands of potential customers in the corporate and government sector.
Another reason for the viability of industrial drone technologies in the Philippine market is the 'market acceptance' for personal drones. Thousands of Filipinos use small and handheld dro...
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