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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM37211
Volume:
8 |
8 |
Aug 2024
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
This paper explores the challenges and solutions associated with scaling operations globally in the food and beverage sector from a U.S. executive’s perspective. It examines why expanding internationally makes sense for companies with successful domestic products, highlighting the advantages of U.S. innovation and lower costs of innovation compared to local markets abroad. The paper outlines a strategic roadmap for global expansion, including test markets, partnerships with local firms, and focusing on countries with positive sentiments toward U.S. food safety standards. A hypothetical case study illustrates the growth process, emphasizing the need for internal buy-in, patience, and a long-term view. Potential pitfalls and strategies for success are discussed, along with competitive analysis and the role of disruption in scaling products.
KEYWORDS
Publication Date
10/18/2024
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
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