ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following are issues for a business when expanding globally
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Currency Fluctuation
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Infrastructure Shortage
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Religion
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Business Customs and Culture
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Explanation:
Detailed explanation-1: -Language Barriers. Cultural Differences. Managing Global Teams. Currency Exchange and Inflation Rates. Nuances of Foreign Politics, Policy, and Relations. 24-Nov-2020
Detailed explanation-2: -geographic conditions. cultural and social factors. political and legal factors. and economic conditions.
Detailed explanation-3: -Legal and regulatory compliance. Consider cultural differences. Understanding political risks. Managing organizational communication. Understanding the marketing strategy. Managing HR operations. Local competition. Supply chain related risks. More items
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