Retail and International Business
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Select an industry and develop a list of factors that you believe are critical to consider when deciding to expand overseas.
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Solution Summary
This solution provided factors that were needed for retailers to do business abroad.
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The industry I am going to choose is retail, such as Dillons. Here is the list of factors I believe are critical when it comes to expanding overseas.
One, an immense supply chain is needed. Since Dillon's already has this, then it would not become too difficult to adapt when going to another country. They could, however, add more clothing to their line for people who love purchasing items from the store.
Two, the company will need to have to learn the language in which to increase their market. This may mean learning Chinese, French, and so forth. As a result, the workers are able to ...
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