Understanding Management (MindTap Course List)
10th Edition
ISBN: 9781305502215
Author: Richard L. Daft, Dorothy Marcic
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Question
Chapter 3, Problem 1GL
Summary Introduction
To determine:
Which country from the given options is the best place to launch a new business.
Introduction:
Before a company starts its business practices and processes it needs to identify the factors and consider the location factors before making a location decision. The location factors that a business needs to consider are accessibility, security, competition in that area, businesses rates, skill base in that area, potential for growth and the level of technological and infrastructure development.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Why is international business different from domestic business?
What is a foreign trade zone? A business incubator? What advantages and disadvantages does each one offer a small business locating there?
comparison of Pakistan with America for travel agency business on the basis of hofstede cultural dimensions?
please I want comparison for travel agency business of Pakistan with other countries in context of hofstede cultural dimensions
Chapter 3 Solutions
Understanding Management (MindTap Course List)
Ch. 3 - Prob. 1OTJVCCh. 3 - Prob. 2OTJVCCh. 3 - Prob. 3OTJVCCh. 3 - Prob. 1DQCh. 3 - Prob. 2DQCh. 3 - Prob. 3DQCh. 3 - Prob. 4DQCh. 3 - Prob. 5DQCh. 3 - Prob. 6DQCh. 3 - Prob. 7DQ
Ch. 3 - Prob. 8DQCh. 3 - Prob. 9DQCh. 3 - Prob. 10DQCh. 3 - Prob. 1SLCh. 3 - Prob. 2SLCh. 3 - Prob. 3SLCh. 3 - Prob. 4SLCh. 3 - Prob. 5SLCh. 3 - Prob. 6SLCh. 3 - Prob. 7SLCh. 3 - Prob. 8SLCh. 3 - Prob. 9SLCh. 3 - Prob. 10SLCh. 3 - Prob. 1GLCh. 3 - Prob. 2GLCh. 3 - Prob. 3GLCh. 3 - Prob. 4GLCh. 3 - Prob. 5GLCh. 3 - Prob. 6GLCh. 3 - Prob. 7GLCh. 3 - Prob. 8GLCh. 3 - Prob. 9GLCh. 3 - Prob. 10GLCh. 3 - Prob. 1ALCh. 3 - Prob. 2ALCh. 3 - Prob. 3ALCh. 3 - Prob. 4ALCh. 3 - Prob. 1EDCh. 3 - Prob. 2EDCh. 3 - Prob. 3EDCh. 3 - Prob. 1CFCACh. 3 - Prob. 2CFCACh. 3 - Prob. 3CFCA
Knowledge Booster
Similar questions
- Upon review, you determine a market segment is both large enough and there are no strong competitors. Can you assume is it safe to enter the country? Defend your answer.arrow_forwardKeeping the above example, what is the reason because of which businesses face problems operating in different countries?arrow_forwardAre there equality between a local and foreign marketing company?arrow_forward
- Choose two countries that appear to be culturally diverse. Compare the cultures of those countries, and then indicate how cultural differences influence (a) the costs of doing business in each country, (b) the likely future economic development of that country, and (c) business practicesarrow_forwardWhat factors a company needs to consider before expanding or entering into a foreign market? Explain your answer.arrow_forwardIdentify one company that has a strong culture. How can you support your opinion?arrow_forward
- Choose two countries that are culturally diverse. Compare the cultures of those countries and discuss the ways in which cultural differences will affect the .(cost of doing business in each (countryarrow_forwardhow would you describe Switzerland's business environment?arrow_forwardDefine elements of culture Outline why the culture of a country might influence the costs of doing Business in that country. Illustrate your answer with examplesarrow_forward
- Explain globalization in business and the forces causing globalization. Use relevant examples to illustrate your answerarrow_forwardSustainable tourism bridges the gap between rampant tourism development and what factor? a) Public control b) Ecological fallout O c) Economic advantage d) Community developmentarrow_forwardWhat characteristic of national culture do you think to have the most important effect on how successful a country is in doing business abroad?arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Understanding Management (MindTap Course List)ManagementISBN:9781305502215Author:Richard L. Daft, Dorothy MarcicPublisher:Cengage Learning
Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning