--%>
Assignment Help - homework help

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 : Barriers in Business Communication -

    Hindrance and obstructions that come in the way of communication make it ineffective. These barriers may be categorized into the following groups. 1)     Semantic barriers: the obstructions that come in the process of encoding or decoding the message a

    		•
  • Q : E-mail Communication - Organization

    Electronic mail involves sending messages via telecommunication links. If two computer terminals, however distant from each other, are connected on network, it is possible to send messages from one to the other. The message is typed on a computer screen at one end, and is conveyed to the other en

    		•
  • Q : Describe pioneer species Describe

    Describe briefly about pioneer species? And also write down the role of pioneer species?

    		•
  • Q : What is Safety Management Safety

    Safety Management: It is an integral part of an organization's responsibilities, as it exhibits the company's commitment to the welfare of its staff. The approach to an organization takes to implement safety management strategies differ depending on t

    		•
  • Q : Function of collagen fibers of

    Write down function of collagen fibers of connective tissue?

    		•
  • Q : Fishes and dolphins-same organs and

    How can fact which fishes and dolphins have same organs and similar general shape be explained?

    		•
  • Q : Traits Characterstics of

    Personality traits are enduring characteristics that describe and individual's behavior. The more consistent the characteristic and the more frequently it occurs in diverse situations, the more important that trait is in describing the individual. Several attempts have been made to isolat

    		•
  • Q : Define Master Data Master Data : It is

    Master Data: It is a data which remains unchanged over a long time period. It consist information which is always required in similar way. Characteristics can accept master data in BW. With master data you are dealing with texts, attributes, or hierar

    		•
  • Q : Systems Approach Systems Approach

    Systems Approach Modern organization theory is a sophisticated and scientific way of explanting a complex organization. This theory is comparatively

    		•
  • Q : Description of capillarity-capillarity

    Give a brief description of capillarity? How this fact is chemically explained? What is the relevance of capillarity for water transport in the plants?

    		•