StudentShare solutions
Got a tricky question? Receive an answer from students like you! Try us!

Essay example - International Trade and Business

Only on StudentShare
College
Essay
Miscellaneous
Pages 5 (1255 words)
Cultural differences have posed a major problem to the multinational companies; in each country that the multinational company invest in it faces new and different challenges depending of the culture of the host country. One of the major problems that they face includes tastes and preferences, language differences, government policies and other believes and values posed by the market…

Extract of sample

In developed countries multinational companies are likely to face consumers who have a large disposable income and therefore consumers are more concerned about the quality and not the price, in other developing countries consumers are more concerned about the price and quantity.
Different countries have their own standards set by governments and even the consumers, example a multinational company aimed at producing food stuffs may be required to provide its production formula to the authorities in order for them to determine whether such products are fit, an example is the venture of coca cola company into India where the company was supposed to provide information about the formula used to make the drinks, the company declined and its rival Pepsi provided its formula and entered the market, however the authorities later announced that Pepsi contained harmful substances that were used in making pesticides. ...
Download paper
Not exactly what you need?

Related papers

International Business and Trade. WTO
The widest application of the protectionist movement is in the incubation of new industries which by themselves cannot survive the harsh realities if the competitive market, the idea being the protection will be withdrawn once the company is established (Iowa State university, n.d.).…
6 pages (1506 words)
International Trade & Business
In most Asian countries it is opposite. In that respect most Europeans are much closer to the Asians than to the Americans.…
4 pages (1004 words)
International Business - World Trade
Also the governments' interest in the health or the profits of the industry as well as the capitol flow which in turn affect the states' economy is highlighted in this case study.…
7 pages (1757 words)
International Business and Trade
The first part of the article revealed the ailing performance of Carphone's broadband brand TalkTalk. Carphone stocks plunged as news showed the service performance problems of TalkTalk subscribers. The poor performance, according to Carphone is partially due to British Telecom's (BT) Openreach division. The retail giant assumed that BT's progress in transferring of customers from the latter to…
12 pages (3012 words)
International Business - Trade and Currency
The reason of this paper and the discussion is to prove that counter-trade has more benefits. Through illustration of examples I have tried to prove why counter- trade persist despite currency conversion is possible.…
12 pages (3012 words)