What additional information is needed for a global plan than would be for a strictly domestic business?
What will be an ideal response?
Analyses of the international market, including an economic, political, and legal analysis of the foreign country, are needed in global business plans. The impact of trade areas and cultural differences should also be included.
You might also like to view...
The updating of accounts is called the adjusting process
Indicate whether the statement is true or false
Inventory position is the amount of inventory on hand plus the amount
a. on order. b. promised to customers. c. on reserve. d. to be returned to suppliers.
A business provides goods and services in exchange for sales revenues.
Answer the following statement true (T) or false (F)
Though sales promotion is considered less effective than other advertising methods, it is very affordable.
Answer the following statement true (T) or false (F)