International business contest Research Paper Example | Topics and Well Written Essays - 2750 words

International business contest - Research Paper Examplewhere there be sizable potential consumer concentrations.Demographic segmentation refers to the practice in which the company focuses on age, gender, marital status and akin characteristics. Its the most popular strategy or basis for segmenting the market though its complicated nature at times necessitates fist hand information about customer behavior (Rivlin, 2003). While variables associated with demographics arsehole be easily obtained and the related metrics would readily lend to interpretations, there is still a very demanding dish out of data gathering and storage to be retrieved when needed for a variety of purposes such as fuck up checks and extrapolation studies. Egypt can be identified as a country which consists of most population in the affectionateness East and the 3rd in the African Continent. frankincense out of the total population 99% of them are concentrated on major cities of Cairo and Alexandria which c entered on the banks of Nile. Therefore Company need to basically focus its attention on those greatest cities in order to successfully market the Washing Machine. Consumer demographics also involve age and lifecycle studies.Economic factors include the relative value for money concept. Egypt is mainly depends on the agriculture, tourism, media and petroleum exports. However the rapid growing population and the liberal economic policies have increased the economic harvest-tide of the country. Therefore it is obvious that economically speaking Egypt population would influenced by a strong desire to write on time and money with their busiest life style (Bolbol, Fatheldin, & Omran, 2005). Thus their demand patterns for washing machines are essentially determined by the degree of necessity to save time. This economic proposition is said to be much(prenominal) stronger than many other concerns. This argument has been put forward by some market analysts as a stage of transformation that ultimately leads to copied lifestyles.2. Political Profile2.1. Government The political dispensation of the country is a republic. Thus it includes Executive arm of the State and a Head of the government. It is a Presidential republican State where the executive director power and the legislative power are shared by both the Government and Peoples Assembly. Since the year of 1953 the Republican form of government has been exercising the power in a more(prenominal) transparent system which allows eighteen political parties to conduct their activities in order to capture the government power in a more democratic way. The ruling party of the government is National Democratic Party. Thus the term of the government get out not be more than five years. But any time if the President wishes he can dissolve the parliament by promulgating an order. So the government and legislative activities are mostly based on the executive pow