International Vs. Domestic Business (International Business (Operates…
International Vs. Domestic Business
Operates across the world
Huge capital investment
Understand other cultures
Work with the same types of markets
Operates within a country
Producers/customers reside in the same country
Low capital investment
Free mobility of factors production
Business research can be easily done
Restrictions on legal advice
High risk doing business here
Coming out of recession
The US has may regulations on international business especially when it comes to trade.
Business done internationally is based off of the culture of the other country and their ability to keep up.