
The strategic business plan provides the marketer to analyze the current
business situation for the market it is going to enter. A through
analysis of the market in terms of macro environmental factors, market
competition and strategy analysis enables the marketer to successfully
launch its product and services in the target market. Specifically in
case where the company is going to enter and that market is unknown
could impact the market entry of the company (Celuch and Slama, 2008).
The suitable way of entering into such market is the joint venture or
partnership. With this view this business plan provides the analysis for
developing the new business opportunity for the launch of Tata Nano a
low segment car into one of the European country Spain. Tata Motors is
of the group companies of Tata group based in India.
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