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Differences Between International and Domestic Business (International…
Differences Between International and Domestic Business
International
Multiple Countries
Quality Standards: High
Capital Investment: High
More Restrictions
Research: More Difficult
Complex Competition
Different Cultures
Different Governments
Different Laws
Different Technologies
Different Medias
Domestic
A Single County
Quality Standards: Low
Capital Investment: Low
Less Restrictions
Research: Less Difficult
Simpler Competition
Same Government
Same Laws
Same Technology
Same Media
United States
Starting a Business
Ranks
Overall: 3
Ease: 4
Procedures: 19
Licenses: 24
Registering Properties: 10
Employing Workers: 1
Difficulty in Hiring: 0
Capital
0.7% to Start
0% Minimum
Average Cost: 13.4%
Ease
6 Days
Flexibility in Hours
Easy to Fire Employees
19 Steps
Greece
Starting a Business
Ease
15 Steps
38+ Days
No Flexibility in Hours
Hard to Fire Employees
Capital
23.3% to Start
104.1% Minimum
Average Cost: 61.7%
Ranks
Ease: 152
Licenses: 42
Procedures: 15
Employing Workers: 142
Difficulty in Hiring: 44
Overall: 100
Registering Property: 93