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evablogger [386]
3 years ago
12

Various factors or forces impact a company’s decision to go into a foreign market and affect the outcome of that decision. If a

country or market has several factors in common with the original market, or with the other markets selected when choosing several markets, it will be easier to enter that market. If a U.S. software company that primarily creates and sells educational software wants to expand into two foreign markets, what factor commonalities (as found in your Learning Activities) should the company be looking for when deciding on the two countries? Provide two country suggestions and explain your reasoning.
Business
2 answers:
ddd [48]3 years ago
7 0

Answer:

The factor commonalities that the company should look out for when deciding on the two countries include

  • Culture
  • Intellectual Property Protection
  • Legal and regulatory Barrier
  • Business Case

Explanation:

Various factors or forces impact a company’s decision to go into a foreign market and affect the outcome of that decision such as

1. Culture

The cultural difference can make or mar the business in question. If the product or service doesn't add value or meet the desires of the international markets and how it differs before taking a plunge.

2. Intellectual property and trademark protection is very necessary to  making sure the governmental authorities in the participating countries recognize and protect the businesses proprietary needs

3. Legal and regulatory barriers

Conducting business in foreign markets is achievable if the business is flexible enough to work within the local laws and regulation guidelines. When reviewing legal and regulatory commitments, it is highly advised that you seek experienced legal counsel for overseas business practices to identify hazards that may cause barriers for your business.

4. Business case

Perform a market study to understand the market's personality, economic feasibility, market trends, financial cost patterns and market forecasts

Do a financial feasibility study to determine if the international trade between the two countries makes financial sense .

A good example would b a US software company and a Chinese Hardware company.

ValentinkaMS [17]3 years ago
4 0

Answer:

At the point when the organization is taking a gander at factors that decide if to extend in some remote market or not it takes a gander at the accompanying wide zones:  

1. Culture: Whether the organization suits or adjusts the way of life of other nation or not is a significant issue. Regardless of whether the item that the organization brings to the table is giving any an incentive to the clients in that market is significant. Neighbourhood showcase information is critical to think about clients and contenders.  

2. Lawful Barriers and Laws: It is profoundly essential to examine the lawful law and structure of the concerned nation and look whether one satisfies all standards and guidelines or not. One will check the adaptability of the standards and laws and whether one can be fit inside such a structure.  

3.Foreign government: What sort of nature does the remote government holds is exceptionally significant. Regardless of whether the govt is inviting or not, whether there are appropriate arrangement for business gatherings or not as far as foundations and availability or not needs to be remembered. Government steadiness in every one of these cases assumes a vital job to take a gander at.  

4. Numerous different variables like ecological reasonableness, economic situations, defilement levels and so on are viewed as while growing business abroad.  

Two different nations that the organization can extend to is China and Japan. This is on the grounds that both the nations are well in accordance with the business condition of USA and both the nations likewise are progressed and along these lines would support the item for example instructive programming to be presented in their nations. Different factors as referenced above would likewise not end up being awkward for the US organization to grow business in these nations.

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hram777 [196]

Answer:

Crimson may not be able to deduct any of the cost incurred. In other words these expenses are inadmissible.

Explanation:

As per scenario given in the above question, Crimson Inc., may not be able to deduct any cost which is incurred related to the entertainment expenses because many changes has been made in the tax cuts and Jobs act,2017. These changes does not allowed deduction of the entertainment and business meals expenses.

In the year 2018, the entertainment expenses could not be deducted according to the tax laws applicable on the companies. Thus, the costs will not be deducted.

4 0
3 years ago
Prepare adjusting journal entries, as needed, for the following items. (If no entry is required for a transaction/event, select
Wewaii [24]

Answer:

Explanation:

The adjusting entries are shown below:

1. Supplies expense A/c Dr $370

       To supplies A/c                          $370

(Being supplies account is adjusted)

The supplies expense is computed by

= Supplies balance - supplies on hand

= $570 - $200

= $370

2. Insurance expense A/c Dr $190

         To Prepaid Insurance                  $190

(Being prepaid insurance is adjusted)

3. Salaries expense A/c $1,280

          To Salaries payable A/c        $1,280

(Being salary is adjusted)

The salaries expense is computed by

= Total five days × number of days ÷ total number of days

= $3,200 × (2 ÷ 5)

= $1,280

4. Electricity expense A/c Dr $270

       To electricity payable A/c          $270

(Being electricity usage is adjusted)

7 0
3 years ago
What is authorize share​
kap26 [50]

Answer:

Explanation:

Authorized shares are the number of shares that a corporation is legally allowed to issue, while outstanding shares have already been issued. Thus, the number of outstanding shares is always equal to or less than the number of authorized shares.

3 0
3 years ago
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Companies increasingly strive to achieve the ______ performance when formulating their corporate strategy.
user100 [1]

Answer:

triple bottom line

Explanation:

Companies increasingly strive to achieve the triple bottom line performance when formulating their corporate strategy. The triple bottom line (TBL) is a framework used in business that focuses on equally on social/environmental concerns as well as profits, thus creating three equal points of interest (bottom lines) which are profit, people, and the environment. This leads to a successful and balanced company.

8 0
3 years ago
A consumer has $180 in monthly income to spend on two goods, D and G, where D is on the y-axis. The price of good D, PD is $6, a
olga2289 [7]

Answer:

The number of units of good G that can be purchased if all income is used to purchase good G is 15 units.

Explanation:

Since D is on the y-axis, indicating G is on the x-axis, the formula for calculating the marginal rate of transformation (MRT) is given as follows:

MRT = - PG / PD …………………. (1)

Where:

MRT = Marginal rate of transformation = -2

PG = Price of good G = ?

PD = Price of good D = $6

Substituting the relevant values into equation (1) and solve for PG, we have:

-2 = - PG / $6

PG = -2 * (-6) = $12

Therefore, we have:

Number units of good G if all income is spent on it = Monthly income / PG = $180 / $12 = 15

Therefore, the number of units of good G that can be purchased if all income is used to purchase good G is 15 units.

7 0
2 years ago
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