Data Clear Essay

571 Words3 Pages

I would surely recommend Data Clear to expand into international market in such scenario. For an organization or a company to be successful, the aim of the organization and the aim of the employees should be in the same direction. For most of the firms the determinant goal is to improve the value of the firm for its owners and partners and this should be done in an ethical, logical and legal manner. These all qualitative aspects were also to be considered for the success of Data Clear. Even though a domestic company has all these aspects its value drops down in the market when its competitor arises to be a global one. Hence, the companies with all qualitative aspects have a great fortune when it expands to an international market. A company …show more content…

Core competence refers to the unique skills obtained by a company which their competitors cannot match or attain easily. Data Clear has its unique way of approaching or impending its product to the customers. Data clear also had already put forth its idea of implementing the “Clear Cloud” software in the field of chemical, petrochemical and pharmaceutical industries. United States is known for its production of computer software for various fields. Hence, Data Clear being an American company can twinkle in software production for various fields when they expand into an international market. Also expanding globally can increase Data Clear’s profitability and profit growth by entering new markets, where the competitors lack similar competencies. This is made possible by lowering costs and adding value to their product. International expansion may enable a firm to earn higher yields by moving the product that is derived from its core competencies to the markets where other competitors lack those product contributions and competencies. Undoubtedly, Data Clear has excessive valuable skills which can be competed in the global

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