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    which market to enter?

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    You're the manager of global opportunities for a U.S. manufacturer, who is considering expanding sales into Asia. Your market research has identified the market potential in Malaysia, Philippines, and Singapore as described next:

    Success Level
    Big Mediocre Failure
    Malaysia
    Probability 0.3 0.3 0.4
    Units 1,200,000 600,000 0

    Philippines
    Probability 0.3 0.5 0.2
    Units 1,000,000 320,000 0

    Singapore
    Probability 0.7 0.2 0.1
    Units 700,000 400,000 0

    The product sells for $10 and has unit costs of $8. If you can enter only one market, and the cost of entering the market (regardless of which market you select) is $250,000, should you enter one of these markets? If so, which one? If you enter, what is your expected profit?

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    https://brainmass.com/business/international-business-management/which-market-enter-625627

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    You're the manager of global opportunities for a U.S. manufacturer, who is considering expanding sales into Asia. Your market research has identified the market potential in Malaysia, Philippines, and Singapore as described next:

    Success Level
    Big ...

    Solution Summary

    The author shows how to determine which market to enter by using outcome probabilities.

    $2.19