Business challenges and risks
Discuss in 525 words the challenges and risks you may face in starting a business in a foreign country including the following:
Cultural, business, and political risks.
How you plan to avoid operational, transaction, and translation exposure.
…………………..Answer preview…………………..
Starting a business is not a walk in the park and when it is about starting a business in a foreign land the challenges and risks practically triple. Whether expanding abroad or simply starting a business from scratch, the challenges range not only from technical factors but also from other factors of political and cultural nature. Other than bureaucratic hurdles in the foreign land, the market and economic climate of the new environment can pose serious challenges and risks that may make it difficult or impossible to operate………………..
APA
644 words
