Description
1.Write about the International Entry Mode (if applied currently) of A.O Smith Corporation
2.350-400 words
3.cite and reference ALL sources in correct APA format;
4.be a paper, not a PowerPoint or Keynote presentation
5.write in conjunction with the link material given
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Explanation & Answer
Attached.
Running head: INTERNATIONAL ENTRY MODE
International Entry Mode
Name
Institution
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INTERNATIONAL ENTRY MODE
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International Entry Mode
AO Smith corporation deals in the manufacture and marketing of commercial and
residential electric and gas water heaters, tanks, boilers and water treatment products, operating
through its North American and Rest of the World segments. The company’s growth and
international expansion to areas such as China, Europe and India have been based on acquisitions
and sales expansion through exportation of its products to regions experiencing high demand.
In a bid to achieve rapid cross-border access to new international markets, AO Smith
invested in the acquisitions of companies in the targeted markets to enhance speedy entry and the
delivery of the product to meet consumer needs. The company entered the US market through
the acquisition of Aquisana, an organization that was involved in the water treatment systems in
the United States. The company also acquired Hague quality water international company in
2017 to further expand its operations and growth in the United States market. The company has
also entered into strategic alliances with well-established US firms such as Lowe to establish
further and expand its operations and activities in the United States market. Strategic
part...