Problems Specific to International Business
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Identify special problems that companies doing business internationally may encounter.
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Solution Summary
256 words on the economic, political and legal troubles a company may run into while doing business oversea.
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Companies doing business internationally may encounter several problems.
These include:
1. Economic issues-research must be done to determine if the international business environment is conducive to profit for your business. The country's GDP, inflation rate, unemployment rate, cost of living, and standard of living must be evaluated to determine if there is enough discretionary income and human resources ...
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