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    Companies conducting business in foreign countries

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    1. What are the most difficult challenges a small or medium enterprise faces when dealing with the entry mode into another country?

    2. What do you think are the advantages and disadvantages of using agents to enter to foreign markets?

    Note: Please attach in a separate Word document. Minimum of 1/2 paragraphs for each question.

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    1. What are the most difficult challenges a small or medium enterprise faces when dealing with the entry mode into another country?

    In reference to the challenges that small or medium businesses face when attempting to enter a foreign market, the biggest challenge entails the cultural misunderstandings that arise from miscommunication. Many countries such as Asian countries have entirely opposite cultures to those from Western cultures, and this causes significant problems for negotiations and during business meetings. If the small business leaders are unable to understand the significant cultural differences, they will not be capable of being successful engaging in any ...

    Solution Summary

    Companies conducting business in foreign countries are examined. The most difficult challenges for a small or medium enterprise faces.

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