Internalization Plan of Dexiotis Ltd.

Internalization Plan of Dexiotis Ltd.
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Introduction
This paper aims to display the internalization plan of Dexiotis Ltd. The paper is subdivided into six sections. The first section is the introduction, which offers a chronological arrangement of the paper. The second section provides a brief overview of the chosen company, in this case, Dexiotis ltd. The third section provides a comprehensive analysis of macro-environmental factors likely to affect the company in its new target location (Belgium). This section analyzes the political, environmental, ecological, technological and legal factors likely to affect the company in its new location. The fourth section is the mode of entry section, which provides the perfect mode of entry that the company can choose as its enters and what strategy it can adopt later on. The fifth section analyzes the managerial implications of entering the new market. It provides an analysis f how the organization is expected to change in terms of organizational structural, cultural, and ethical considerations to align itself with the new market. The last section is the conclusion and recommendations section, which offers a summative report of what has been discussed in the previous sections.
Dexiotis Ltd. Description
Dexiotis Ltd. is a renowned security company headquartered in Hungary. It has a subsidiary in Cyprus that offers effective and efficient services and solutions to both public and commercial organizations. The business has been offering physical security consultancy, training, security personnel, non-security, employee training, sales of security products, and security market recruitment for years, giving people from different nations a boost of career chances. The firm considers extending security services to Belgium a perfect growth strategy in light of the rising demand for security services in the EU. On the other hand, if properly planned and strategically approached, Belgium has a vast spectrum of prospective consumers who might serve as a reliable source of income for Dexiotis Security Solutions Ltd. If so, the business will be able to grow and will be able to outperform other security companies globally in terms of revenue.
Belgium's Environmental Analysis
Companies usually need to perform a holistic assessment of themselves as far as their all-round existence and performance is concerned, in order to ascertain their real position in their respective industries and the business world in general. An environmental audit is essential for assessing the company's market strengths and weaknesses (Arensberg, 2018). Most significantly, an audit aids in considering new markets, an essential objective for every organization. As a result, to develop new concepts for a target market, micro environmental factors and concepts should be taken into account via thorough investigation utilizing the PESTLE tool. Additionally, it is essential to look at the target market's level of competition throughout the entrance stage using the five Porter forces.
Using The PESTLE Model to Analyze Belgium's Environmental Conditions
Political Variables
Political factors usually play quite a crucial role in the internal environment of any ...