Factors affect doing business in the foreign market

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The goal of the teaching course is to teach you how to help a company in entering a foreign market or expanding market share in a market where it currently exists. To this end, you are expected to do a thorough and deep analysis on how different socioeconomic factors will affect this endeavor.

The choice of company can be entering a foreign market. I chose Volkswagen in Sweden as a foreign market.

Answer these following questions and cite a reference:

Volkswagen in Sweden

1. The description of the company such as its business model and product or service in the home nation. Explain in a paragraph.

2. Analyze how the following relevant factors affect doing business in the foreign market:

a. Macro-economic factors (e.g., income level, growth rate, tax rate, etc.) Explain in a paragraph.

b. Financial factors (e.g., interest rate, credit system, capital markets, etc.) Explain in a paragraph.

Reference no: EM133120664

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