Ask Question
BusinessBusiness
7 July, 07:08

What factors do companies consider when deciding on possible global markets to enter?

+1
Answers (1)
  1. 7 July, 07:44
    0
    The factors that are needed to be considered are the following;

    - Social and cultural factors in which the language differences should be assessed in means of customs

    - Political and legal factors such example is the attitude of the government in a specific place

    - Economic factors where the product’s affordability and standard are being considered

    - Capability of the company where the resources and the capabilities of the company are being assessed and audited
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What factors do companies consider when deciding on possible global markets to enter? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What are the historically used 4 Ps of marketing?
Answers (1)
An advantage of doing company research before an interview is: a. It improves the applicant's ability to market their skills b. It can increase the confidence of the applicant c. It can compensate for a lack of experience d. All of the above
Answers (1)
The risk that is assumed to be rewarded for an individual stock under the capital asset pricing model is measured by the:
Answers (1)
Which situation can lead to greater market competition among companies according to the five forces model
Answers (1)
Rachel's Recordings reported net income of $270,000. Beginning balances in Accounts Receivable and Accounts Payable were $17,000 and $21,000 respectively. Ending balances in these accounts were $9,500 and $28,000, respectively.
Answers (1)
New Questions in Business
How can tech companies increase goodwill and indirectly affect profits for parent companies?
Answers (1)
A new semi-automatic machine costs $ 80,000 and is expected to generate revenues of $ 40,000 per year for 6 years. It will cost $ 25,000 per year to operate the machine. At the end of 6 years, the machine will have a salvage value of $ 10,000.
Answers (1)
A finance company offers a "12% plan". The cost of a one-year loan is 12%, and this cost is added to the loan. This total is then divided by 12 to get the monthly payments. Calculate the effective interest rate being charged for a loan of $9,000.
Answers (1)
The difference between a nominal variable and a real variable is that A. real variables are calculated in current-year prices and the nominal variables are measured in dollars of the base year to adjust for the effects of inflation. B.
Answers (1)
Payment of a fixed fee per member per month is a characteristic of:
Answers (1)
Home » Business » What factors do companies consider when deciding on possible global markets to enter?
Sign Up Forgot Password?