Answer to Question #52796 in Other Management for Stan
Question #52796
Why it is more difficult to operate in world market than in home market?
Expert's answer
World market is more complicated than local because of:
- number of possible variations in resource prices;
- presence of other competitors (with possiblymore upgraded product);
- need to adapt your product to the special requirements of different nations and cultures;
- need to take into account different standards of life in different countries;
- need to include higher transportation costs, which increase the product price.
- number of possible variations in resource prices;
- presence of other competitors (with possiblymore upgraded product);
- need to adapt your product to the special requirements of different nations and cultures;
- need to take into account different standards of life in different countries;
- need to include higher transportation costs, which increase the product price.
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