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Explain business plans, sources of finance, and market identification.

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As a veteran entrepreneur, you have been asked from Zach Johnson, a recently new entrepreneur, the following questions:

* What advice would you offer to Zach who is interested in expanding his current business and launching a global business effort?
* Explain the statement "For each benefit gained by regulation, there is a cost."

Your report MUST include a reference list.

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The expert explains business plans, sources of finance and market identifications.

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I would explain the different motivations to Zach for expanding globally in his business venture. Being global generates the image of being global, which turns out to be a significant advantage. A study of associations made of global brands involved qualitative interviews with 1,500 consumers in over 41 countries, followed up with a quantitative study, the included a preference scale of three leading brands in six product categories. The result showed that associations with being global impacted preference. In fact, 41% more people showed a positive association with products being branded as global. Being global means that innovation around brand building, new product, and product improvements can be sourced anywhere. As a result, their R&D budget and capability is highly levered. For example IBM ...

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