Basic Questions
In foreign countries, there are the possibility of:
- local languages required in many situations.
- very diverse cultures, both between countries and sometimes even within countries.
- often volatile politics.
- varied economic systems.
- scarcity of skilled labor, with possible costs in training labor or redesigning procedures.
- poorly-developed financial markets and government-controlled capital flows, in some of the countries.
- problems and exorbitant costs in obtaining market research data.
- limited advertising, subjected to lots of restrictions.
- possible low literacy rates, not to mention the possibility of making mistakes in the language when advertising.
- currency exchange fluctuations.
- inadequate or limited communication/
- mandatory worker participation in management in some countries.
- legal restrictions on laying off of workers.
Read more about this topic: International Strategic Management
Famous quotes containing the words basic and/or questions:
“The basic Female body comes with the following accessories: garter belt, panti-girdle, crinoline, camisole, bustle, brassiere, stomacher, chemise, virgin zone, spike heels, nose ring, veil, kid gloves, fishnet stockings, fichu, bandeau, Merry Widow, weepers, chokers, barrettes, bangles, beads, lorgnette, feather boa, basic black, compact, Lycra stretch one-piece with modesty panel, designer peignoir, flannel nightie, lace teddy, bed, head.”
—Margaret Atwood (b. 1939)
“Whereas the comic confronts simply logical contradictions, the tragic confronts a moral predicament. Not minor matters of true and false but crucial questions of right and wrong, good and evil face the tragic character in a tragic situation.”
—Marie Collins Swabey. Comic Laughter, ch. 7, Yale University Press (1961)