Discuss the importance of cultural factors

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Chapter 12. Analyzing International Opportunities

Chapter 13. Selecting and Managing Entry Modes

1) What is country image? Explain how it affects the screening process using examples.

2) Discuss the importance of cultural factors when assessing a national business environment, and explain why cultural differences between markets create difficulties when conducting international research.

3) Discuss how companies identify the basic appeal for products when screening a potential market, and explain how international organizations provide the essential information to researchers.

4) Why would an exporter use a sales representative or a distributor? Why would the exporter be reluctant to offer an open account payment method?

5) What is countertrade? Explain the concept of buyback as a type of countertrade, and discuss buyback as a joint venture configuration.

Reference no: EM132402346

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