Study Document
Pages:7 (2122 words)
Sources:9
Subject:Literature
Topic:A Thousand Acres
Document Type:Term Paper
Document:#41597948
As a consequence, Turkey is uniquely positioned to sell to all of these different customers, as its position on the map indicates.
Market Research
The market research process can be different in the international context. The first issue is that the purpose of the market entry has to be defined. Once this has been established -- suppose the objective is to set up textile manufacturing in Turkey -- then the research can focus on how. There are significant differences that might arise with respect to the access to information in foreign markets, however. While Turkey is relatively transparent, some other markets are not. Turkish firms are exporting to Iraq, for example, but there are no real market statistics for that market. Such firms may be run by Kurds and trading mainly with Iraqi Kurdistan, for example, using connections to bridge the knowledge gap. In addition, where at home one can generally assume the risks are predictable, the risks of operating internationally are not always predictable.
For a firm seeking to do business with the Turkish textile industry, there are numerous resources as a variety of government agencies are charged with promoting the industry. Further, there are producer cooperatives that can be of assistance as well. The Turkish market is modern and sophisticated, such that doing business will be relatively straightforward. With a variety of sources available, market research should be an easy process, and it will likely be easy to match up firm needs with a local Turkish firm, as the Turkish textile industry has a high degree of diversification.
Facts About Turkey
Location -- between the Balkan Peninsula, the Black Sea and the Middle East
Area -- 783,562 km2 (about the size of Pakistan)
Land Boundaries -- Syria, Bulgaria, Armenia, Azerbaijan, Georgia, Greece, Iran, Iraq.
Coastline: 7200km
Climate: Mediterranean, temperate
Terrain: High central plateau, generally mountainous
Natural Resources: coal, iron ore, copper, chromium, antimony, mercury, gold, hydropower
Environmental Issues: water pollution, air pollution, deforestation
Population: 80 million
Age Structure: Young. Median age 28.8 years and 25.9% are 0-14 years
Median male age: 28.5, Female 29.2
Birthrate: 17.58
Death rate: 6.1
Sex ratio: 1.05 male/female at birth; 1.02 male/female overall
Infant mortality rate: 23.07
Life expectancy: 72.77
Total fertility rate: 2.1
HIV / AIDS: 4600 ppl, less than 0.1%
Nationality: Turk
Ethnic groups: Turks (70-75%), Kurds (18%), other (7-12%)
Religions: 99.8% Sunni Muslim
Literacy: 87.4% total, 95.3% male, 79.6% female
Capital: Ankara
Independence: 29 October 1923
National Holiday: 29 October
Constitution: 7 November 1982
Legal system: Civil
Suffrage: 18 years, universal
Please just go to the CIA World Factbook if that is what you want. Cutting and pasting it here is pointless.
https://www.cia.gov/library/publications/the-world-factbook/geos/tu.html
Works Cited:
Osakwe, E. (2009). Cotton fact sheet, Turkey. International Cotton Advisory Committee. Retrieved April 27, 2013 from http://www.icac.org/econ_stats/country_facts/e_turkey.pdf
CIA World Factbook. (2013). Turkey. Central Intelligence Agency. Retrieved April 19, 2013 from https://www.cia.gov/library/publications/the-world-factbook/geos/tu.html
Oanda. (2013). Currency converter. OANDA. Retrieved April 19, 2013 from http://www.oanda.com/currency/converter/
Hurriyet. (2012). India's decision pleases Turkish cotton producers. Hurriyet Daily News. Retrieved April 27, 2013 from http://www.hurriyetdailynews.com/indias-decision-pleases-turkish-cotton-producers.aspx?pageID=238&nid=15484
Hurriyet (2013). Istanbul's hub for designers. Hurriyet Daily News. Retrieved April 19, 2013 from http://www.hurriyetdailynews.com/istanbuls-hub-for-fashion-designers.aspx?pageID=238&nid=44509
GDE. (2012). Clothing industry. Republic of Turkey Ministry of Economy. Retrieved April 19, 2013 from http://www.tcp.gov.tr/english/sectors/sectoringpdf/hg-clothing_2012.pdf
Saba, G. (2013). Global marketing -- Turkish textile industry and its competition power. Ege University. Retrieved April 19, 2013 from http://www.slideshare.net/GamzeSaba/global-marketing-turkish-textile-industry-and-its-competition-power
ITKIB. (2010). Turkish textile industry. stanbul Tekstil ve Konfeksiyon "hracatc" Birlikleri Retrieved April 19, 2013 from http://www.itkib.org.tr/english/about/sectors/textile/textile_info.pdf
Sirtioglu, I. (2013). Turkey: Cotton and products annual. USDA Foreign Agricultural Service. Retrieved April 27, 2013 from http://gain.fas.usda.gov/Recent%20GAIN%20Publications/Cotton%20and%20Products%20Annual_Ankara_Turkey_4-4-2013.pdf
Works Cited:
Osakwe, E. (2009). Cotton fact sheet, Turkey. International Cotton Advisory Committee. Retrieved April 27, 2013 from http://www.icac.org/econ_stats/country_facts/e_turkey.pdf
CIA World Factbook. (2013). Turkey. Central Intelligence Agency. Retrieved April 19, 2013 from https://www.cia.gov/library/publications/the-world-factbook/geos/tu.html
Oanda. (2013). Currency converter. OANDA. Retrieved April 19, 2013 from http://www.oanda.com/currency/converter/
Hurriyet. (2012). India's decision pleases Turkish cotton producers. Hurriyet Daily News. Retrieved April 27, 2013 from http://www.hurriyetdailynews.com/indias-decision-pleases-turkish-cotton-producers.aspx?pageID=238&nid=15484
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