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Automotive Repair Equipment in Belgium

Title:

Automotive Repair Equipment in Belgium: A Strategic Entry Report, 2000

Date Published: 2000-10-11
Pages: 123
ISBN: 0741826070
   
About the Author(s)/Editor(s)
Philip M. Parker
Eli Lilly Chair Professor in Innovation, Business and Society
INSEAD (Fontainebleau, France & Singapore)

Philip M. Parker is the Eli Lilly Chair Professor of Innovation, Business and Society at INSEAD (Fontainebleau, France and Singapore). He has been a professor there since 1988 where he teaches graduate and doctoral-level courses on global competitive strategy and research methodology. He has taught courses at Harvard University (HBS), the Hong Kong University of Science and Technology, Stanford University (GSB), the Massachusetts Institute of Technology (MIT Sloan School) and UCLA (Anderson School). Dr. Parker received his Ph.D. in Business Economics from the Wharton School at the University of Pennsylvania and has Masters degrees in Finance and Banking (University of Aix-Marseille, France) and Managerial Economics (Wharton). His undergraduate degrees are in mathematics and economics. Some of his work and methodologies applied in this study were financially supported by the Research and Development Committee at INSEAD which is gratefully acknowledged.

About the Series
This series helps international managers expand to various country markets around the world. Each report is a broad study of a particular product market, but also gives information useful for entry strategies (trend analysis, marketing, production, finance, and distribution strategy). Each study provides ample statistics on market size and trends, as well as various economic statistics cover human resources and cross-cultural management.
Contents
1 INTRODUCTION & METHODOLOGY
        1.1 What does this report cover?
        1.2 Evaluating Belgium
        1.3 Latent Demand and Accessibility in Belgium
2 AUTOMOTIVE REPAIR EQUIPMENT
        2.1 Latent Demand and Accessibility: Background
        2.2 Latent Demand: Aspects of Interests
        2.2.1 Statistical Data
        2.2.2 Market Demand
        2.2.3 User Profile
        2.2.4 Leading Segments
        2.3 Accessibility: The Structure of Competition
        2.3.1 Local production
        2.3.2 Foreign Entrants
        2.3.3 U.S. Presence
        2.3.4 Competitive Factors
        2.4 Accessibility: Key Factors
        2.4.1 Import Barriers
        2.4.2 Distribution and Business Practices
        2.4.3 Financing Strategies and Options
        2.4.4 The integration of the Euro
        2.5 Useful Contacts
        2.5.1 Main Trade Associations
        2.5.2 Large End-Users
        2.5.3 Main Importers and Distributors
        2.5.4 Main Trade Press
        2.5.5 Main Trade Events
        2.5.6 Other Contacts
3 THE ECONOMICS OF LATENT DEMAND IN BELGIUM
        3.1 Executive Summary
        3.2 Economic Issues in Belgium
        3.2.1 Dynamic Markets
        3.2.2 Government Intervention Risks
        3.2.3 Trade Deficit Risks
        3.2.4 Infrastructure Situation
4 EXPORT ACCESSIBILITY IN BELGIUM
        4.1 Executive Summary
        4.2 Exporting to Belgium
        4.2.1 The Banking System
        4.2.2 The Euro
        4.2.3 Exchange Control Risks
        4.2.4 Financing Export Strategies
        4.2.5 Financing Exports
        4.2.6 Financing Projects
        4.2.7 Fortis Bank
        4.2.8 Bank Brussels Lambert
        4.2.9 KBC
        4.2.10 Credit Communal De Belgique S.A.
        4.2.11 Morgan Guaranty Trust Company of New York
        4.2.12 Citibank Belgium S.A.
        4.2.13 Bank of America
        4.2.14 Trade Barrier Risks
        4.2.15 Effects of the Single Market
        4.2.16 Government Procurement of Goods and Services
        4.2.17 Ecotaxes and Environmental Regulation
        4.2.18 Valuations on Imports
        4.2.19 Licenses Required for Imports
        4.2.20 Selling out of Belgium
        4.2.21 Documentation Required for Trade
        4.2.22 Shipping Documents
        4.2.23 Consular/Customs Invoice
        4.2.24 Commercial Invoice
        4.2.25 Pro-Forma Invoice
        4.2.26 Bills of Lading
        4.2.27 Packing List
        4.2.28 Certificate of Origin
        4.2.29 Insurance
        4.2.30 Steamship Company Certificate
        4.2.31 Consular Fees
        4.2.32 Entering Temporary Imports
        4.2.33 Labeling and Packaging Requirements
        4.2.34 Restrictions on Imports
        4.2.35 Local Standards
        4.2.36 Product and Technical Standards
        4.2.37 Recycling, Packaging and Waste Management
        4.2.38 Electronic Waste
        4.2.39 Eco-Labels
        4.2.40 The CE Mark in the European Union
        4.2.41 Free Trade Zone Options
        4.2.42 Additional Trade Issues
        4.2.43 Adherence to Free Trade Agreements
5 DIRECT INVESTMENT ACCESSIBILITY IN BELGIUM
        5.1 Executive Summary: Infrastructure
        5.2 Executive Summary: Natural Resources
        5.3 Executive Summary: Industry
        5.4 Direct Investment in Belgium
        5.4.1 Trade Zones & Free Ports
        5.4.2 The Overall Investment Climate
        5.4.3 Attitudes Toward Foreign Direct Investment
        5.4.4 Takeover Legislation
        5.4.5 Screening
        5.4.6 National Treatment
        5.4.7 Privatization Plans
        5.4.8 Currency Conversion and Transfer Risks
        5.4.9 Expropriation Risks
        5.4.10 Dispute Settlement Risks
        5.4.11 Direct Investment Incentives and Requirements
        5.4.12 Coordination Centers
        5.4.13 Development Zones
        5.4.14 Distribution Centers
        5.4.15 Service Centers
        5.4.16 General Tax Measures
        5.4.17 Non-Tariff Barriers
        5.4.18 Private Ownership Risks
        5.4.19 Protecting Property
        5.4.20 Patents
        5.4.21 Trademarks
        5.4.22 Trademark Exhaustion
        5.4.23 TRIPS
        5.4.24 Regulatory Corruption Risks
        5.4.25 Capital Market Risks
        5.4.26 Political Violence Risks
        5.4.27 Corruption
        5.4.28 Key Bilateral Investment Agreements
        5.4.29 The Local Labor Market
6 MARKETING & DISTRIBUTION IN BELGIUM
        6.1 Executive Summary
        6.2 Marketing and Distribution in Belgium
        6.2.1 Distribution Channel Options
        6.2.2 Agents/Distributors
        6.2.3 Commercial Agent
        6.2.4 Other Agents
        6.2.5 Salaried Representatives
        6.2.6 Statutory Representatives
        6.2.7 Non-Statutory Salaried Representatives
        6.2.8 Contacting and Evaluating Potential Representatives
        6.2.9 Distribution and Sales Channels
        6.2.10 Franchising Activities
        6.2.11 Direct Marketing Options
        6.2.12 Joint Ventures/Licensing
        6.2.13 Selling Strategies
        6.2.14 Advertising and Trade Promotion
        6.2.15 Pricing Issues
        6.2.16 Supplying Customer Service
        6.2.17 Public Sector Marketing
        6.2.18 Intellectual Property Risks
        6.2.19 Need for Local Attorneys
        6.2.20 Performing Due Diligence
7 HUMAN RESOURCE ASSESSMENT IN BELGIUM
        7.1 Executive Summary
        7.2 Human Resources in Belgium
        7.2.1 Unionization in Belgium
        7.2.2 Collective Bargaining in Belgium
        7.2.3 Workweek and Minimum Wages in Belgium
        7.2.4 Forced Labor in Belgium
        7.2.5 Working Ages and Child Labor in Belgium
8 POLITICAL RISK ASSESSMENT IN BELGIUM
        8.1 Executive Summary: Government
        8.2 Executive Summary: Military Organization
        8.3 Democracy in Belgium
        8.4 Political Issues in Belgium
        8.4.1 Politics and the Business Environment
        8.4.2 The Political System
9 LEGAL RISK ASSESSMENT IN BELGIUM
        9.1 Executive Summary
        9.2 Legal Issues in Belgium
        9.2.1 Privacy, Search and Seizure
        9.2.2 Trial Justice in Belgium
        9.2.3 Excessive Punishment in Belgium
10 CULTURAL AND DEMOGRAPHIC RISKS IN BELGIUM
        10.1 Executive Summary
        10.2 Cultural Issues in Belgium
        10.2.1 Racial, Ethnic and Discrimination Issues in Belgium
        10.2.2 Women's Rights and Gender Issues in Belgium
        10.2.3 Religion in Belgium
        10.2.4 Fundamental Human Rights in Belgium
11 HISTORICAL BACKGROUND
        11.1 Social and Political History
        11.1.1 Overview of Key Historical Events
        11.1.2 Political and Governmental History
        11.1.3 The Role of the Military
        11.1.4 Economic History
        11.1.5 Historical International Relations
        11.2 Business Customs in Belgium
        11.2.1 Business Hours
        11.2.2 Languages
        11.2.3 Travel Regulations
        11.2.4 Currency and Credit Cards
        11.2.5 Business Infrastructure
 

 

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