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Globalization in Ireland. The country our group has chosen is Ireland. We
feel a Discovery Zone would be very profitable in a country ...
globalization. ... From last couple of years Ireland has also attracted foreign direct
investment because of their resources and the taxation policy which is only ...
... of decreased labor cost in emerging economies such as Ireland and India. ... relations
while increasing the Chief Executives objective of aggressive globalization. ...
Defining Globalization. Introduction Élan was initially incorporated in Ireland
in 1969 as a Private Limited Company They later floated their shares on the ...
... in profits. This will occur from globalization and the decrease in labor
cost by outsourcing to India and Ireland. Profits will ...
Submitted by DC7Prix on October 4, 2005
Category: Business
Words: 981 | Pages: 4
Views: 292
Popularity Rank: 38,802
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The country our group has chosen is Ireland. We feel a Discovery Zone would be very profitable in a country like this because of many different factors. Whether it's median age, climate, or religion we intend to show that these characteristics make Ireland a suitable market for a Discovery Zone franchise. We will go through each of these factors in depth in the future; for now here is a summary of the positive aspects of Ireland as an international market for Discovery Zone.
Ireland has an average median age of 33.4 years, with women averaging out at 34.2 years and men at 32.6 years.(CIA World Fact Book) Because of this low number most of Ireland's population is young and of child bearing age. Therefore we feel this is an excellent advantage for DZ. Young parents are the majority in this country, making them an easy market to advertise to. Discovery Zone's can be a place for young parents to bring their children for a learning experience and also to have fun. Not only will young parents be a target market, but their young children will be as well. Marketing to the child and to the adult, who will inevitably be the one making the consumer purchases, will enforce our market strategies and will increase our profits.
Another factor we feel justifies our choice of Ireland comes from one of our group members study abroad experience there. Jackie studied in Dublin, Ireland last semester and experienced first hand how young teens and children accept American Culture. "Young people in Ireland are obsessed with American culture. The shows they watch are 85% American, the magazines they read have American stars on the covers, and the music they listen to is nearly all American artists." she said. This signifies to our group that Ireland will be welcoming to an American store like DZ. American children are accustomed to places like DZ because it is part of our culture. Because of Jackie's experiences we feel Ireland will be accepting of an American Discovery...
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