Question

Describe the four factors that contribute to the likelihood of success for a product or service...

Describe the four factors that contribute to the likelihood of success for a product or service in an international market.

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

1. PRICE COMPETITIVE FACTOR-the product price should be decided in such a way that it should give competition to its rivals in the foreign market

2. UNIQUE PRODUCT FACTOR-the product should have some kind of distinction from the rest of the products in the market to create an edge.

3.CULTURAL FACTORS-like language, tradition norm, the value of that society where the plan of business is going on.

4. LAWS-There are laws in some countries that will greatly affect the ability to do business in or prohibit it altogether. One such example is Thailand which has specific laws stating no foreign person or company can own more than 49% of a business in Thailand.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
List and describe four of the most critical success factors for Big Data analytics.
List and describe four of the most critical success factors for Big Data analytics.
identify relevant factors that contribute to spousal hapiness and success in families of children with disabilities.
identify relevant factors that contribute to spousal hapiness and success in families of children with disabilities.
Part 1: List four success factors in an Information Technology Plan Part 2: Explain four success...
Part 1: List four success factors in an Information Technology Plan Part 2: Explain four success factors in strategic information technology planning that reflect the attitude of the organization. Part 3: Give a real-world example where you have seen evidence of success factors.
Briefly describe resilience and potential factors that may contribute to it.
Briefly describe resilience and potential factors that may contribute to it.
List and describe at least two factors that contribute to quantum mottle?
List and describe at least two factors that contribute to quantum mottle?
Briefly describe any seven critical success factors for project success contained in the project implementation profile.
Briefly describe any seven critical success factors for project success contained in the project implementation profile.
Describe two ways in which psychological factors can contribute to depression. Describe two ways in which...
Describe two ways in which psychological factors can contribute to depression. Describe two ways in which biological influences can lead to depression.
Describe two ways in which psychological factors can contribute to depression. Describe two ways in which...
Describe two ways in which psychological factors can contribute to depression. Describe two ways in which biological influences can lead to depression.
Name four most important factors that contribute to enzyme catalysis and briefly explain the effects of...
Name four most important factors that contribute to enzyme catalysis and briefly explain the effects of each.
Describe the factors or principles that contribute to oxygen unloading in the tissues, and loading in...
Describe the factors or principles that contribute to oxygen unloading in the tissues, and loading in the lungs. What factor contribute to increased CO2 binding to hemoglobin in the tissues, and unloading in the lungs? What are the partial pressures of O2 and CO2: 1) in the arterial blood coming from well-functioning lungs at sea level (after gas exchange), and 2) in venous blood leaving working tissues?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT