--%>

Foreign Market

What are the feasable reasons to enter the foreign market?

E

Expert

Verified

Problems with entering the Foreign Market:

The companies may not find feasible to enter the foreign market due to following reasons:-

• The cultural differences of the two nations are a major hindrance in entering the foreign market. For example- Chinese culture and US culture are extremely different from each other.

• Language barrier is a huge issue for many companies when they want to enter into a new foreign market.

• The working cultures of most of the nations are quite different. For example- Indians are ready to work even seven days a week while Americans work for only five days a week.

• Most of the companies are unaware of the legislation of the market they wish to enter which poses a problem for them.

• Superior technology may not be available which the company is use to working in. In such a situation they need to import all the resources from their home country inducing a heavy expense for the company.

• At times the citizens of the foreign market may not be welcoming to the company and its products.

   Related Questions in Biology

  • Q : Explain the term immunoglobulin How do

    How do you explain the term immunoglobulin?

  • Q : Contrast - Perception Factor

    Stimuli that contrast with the surrounding environment are more likely to be attention catching than the stimuli that blend in. a contrasting effect can be caused by color/size or any other factor that is unusual. The contrast principle states that external stimuli that stand out against the back

  • Q : Main theoretical models-Formation of

    What are the main theoretical models that try to explain the formation of the enzyme-substrate complex?

  • Q : Nitrogen waste produced by bird State

    State the type of nitrogen waste produced by the bird? Why are these traits, besides being an adaptation for the terrestrial environment, also facilitate as an adaptation for the flight?

  • Q : Brain region which is responsible for

    Write down the brain region which is responsible for coordination and equilibrium of body?

  • Q : Scope of Planning Scope of Planning 1

    Scope of Planning 1 helps in proper utilization of resources 2 bring economy in operations.

  • Q : Case of the introduction of TQM into

    This case concerns the introduction of TQM into an outpatient department of a district hospital. You are requested to help in the introduction of TQM into the Outpatient Department of this Public Sector Genral Hospital. ( 3000 words)

    Q : Define the term opsonin Define the term

    Define the term opsonin? Answer: Opsonin is a substance that promotes phagocytosis of antigens by binding them together.   

  • Q : Name the habitat in which birds live

    Name the habitat in which birds live? Answer: Birds are terrestrial animals however the majority of species as well explore the aerial atmosphere by flying.

  • Q : Strategies of anti-retroviral drugs

    What are some strategies of the anti-retroviral drugs used in the AIDS treatment?