Presentation on
Internationalization of a local
business of Bangladesh
BY TEAM IGNITERS
Product Description
“Matador Toothbrush” Two categories of toothbrushes
Protect toothbrush bristles from Adults- The Matador Soft+, 24-piece pack priced at
damage and contamination. 225 BDT,
Effectively removing plaque from teeth
Simple, expandable design
Smooth tongue surface.
Children- The Matador Soft Penguin, 40 BDT per
piece,
Designed for babies with milk teeth or aged between
1-5+ years
Compact, comfortable grip and soft bristles
Put less stress on a baby’s gums
Market Analysis
1) Political System
India and Brazil follows a democratic approach
Emphasize on individual rights, freedoms and responsibilities
Saudi Arabia
Follows the principles and Sharia law
Focuses on collectivism and community welfare.
Market Analysis
Economic System Saudi Arabia
India and Brazil has mixed economic system Free Market Economy
India- GDP- 6.4% to 6.7% (Asian development Bank 2023)
Export earnings from oil and oil has a 45%
Brazil contribution towards GDP
In 2021, Brazil was the ninth largest export market for U.S. Stable Currency
products and services, representing $62.07 billion in
exports, up 25.7% from 2020 Total GDP is now 48%, lower regulations
encouraged contribution of private enterprises &
Core inflation rate of this country has decreased from
foreign investment
previous year from 10.38% to 5.77% in January (2022-
2023).
Market Analysis
Legal System
Brazil- follows a civil law system
Reduces any uncertainties and confidence in decision making for Matador
India- “India has a hybrid legal system having elements of civil law, common law, equitable law, and
customary and religious laws.”
cultural barriers for Matador.
Saudi Arabia- theocratic law system, mainly Islamic law is followed, exact Islamic law (Sha’riah)
regarding both criminal and civil cases
Matador might face difficulties in their marketing activities