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What are the strategic steps involve in community entry?
Analyzing community culture and business-related are always great starters in order to get a better understanding and clear road-map which will positively affect building up suitable, executable and beneficial strategic plan.
1. Conducting field analysis for the cultural, social, political and economic factors of targeted community.
2. Developing of needs analysis of the market
3. Verifying level of competition of targeted community
4. Production of Products (pilot stage)
5. Designing the entry strategy
6. Feedback
7. Verifying needed level of production and size based on the feedback
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