To implement a market entry strategy, several resources are needed. These include financial resources for market research, marketing, and potential partnership or acquisition costs. Human resources are also crucial for executing the strategy and managing new market operations. Additionally, time is a significant resource, as entering a new market is a long-term commitment that requires patience and persistence. Lastly, information is a vital resource; understanding the new market's dynamics, customer behavior, competition, and legal regulations is essential for success.
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