What factors should a company review before deciding to go abroad
- 1. What factors should a company review before deciding to go abroad?
- 2. Understanding foreign preference and offer a competitively attractive product Beefy Big Mac Chicken Maharaja Mac Other countries India
- 3. Understanding foreign countrys business culture
- 4. Estimate the foreign regulations so that unexpected costs are not incurred
- 5. Have managers with International experience
- 6. Be prepared for a change in commercial laws , currency devaluation , political revolutions in the foreign country
- 7. Thank you
- 8. Disclaimer Created by Tanushree Shukla ,MNNIT-Allahabad during an internship by Prof. Sameer Mathur, IIM Lucknow. www.IIMInternship.com