[PDF] advantages and disadvantages of international business

  • What are the advantages of international business?

    Access to New Markets: International business allows companies to access new markets and tap into the global population. Companies can expand their customer base by entering new markets, diversifying their customer base, and offering more products and services.13 fév. 2023

  • Which of the following are disadvantage to international business?

    Disadvantages of International Business

    Economic Dependence. Inhibition of Growth of Home Industries. Import of Harmful Goods. Shortage of Essential Goods in Home Country. Misuse of Natural Resources. Political Exploitation. Rivalry among the Nations. Invasion of Culture.

  • Some of the challenges for global business management include the following:

    Language obstacles. Recruiting and onboarding international talent. Managing a globally distributed team. Currency exchange and inflation rates. Payroll challenges. Culture differences. Foreign policy, geopolitical, and cross-border relations.
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