Foreign Entry – Business Considerations. Business Conditions & its Impact. Entering Foreign markets is not an easy task. Companies are taking enormous risks by entering into new markets. New markets poses new challenges while enticing with new opportunity.
& its Impact
Market Research is the necessary first step before expanding abroad.
Global market research involves issues like:
Political Risk Factors:
Several independent research companies sell political risk analysis reports. A typical report consists of:
Market Size, GDP, Growth rate
Political, Economic & Business Risks
Market Potential, Attractiveness
Risks, Costs, Benefits, ROI
2: Early Adopter
3: Early Majority
4: Late Majority
5: Late Adopter