Opportunity to expand your business to china
Question: You have the opportunity to expand your business to China. What are the advantages and disadvantages of the expansion? Please note the cultural, political, legal, and economic environments in your response.
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The United States has been operating on a trade deficit over three decades because Americans tend to buy more imports instead of domestically produced goods.
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Briefly discuss why factors of production move internationally. Do you think it is wise for factors of production to move?
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You have the opportunity to expand your business to China. What are the advantages and disadvantages of the expansion?
Explain the first problem (economic, social, political, environmental, complexity, inequity, ethical/moral, etc.) and provide support for your claims.
Why is an international country's culture important when considering how to expand into that country's marketplace?
What is Market Based Pricing? (Please use your own words and do not copy from the internet)!
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