International Business Development: Issues To Consider

International Business Development

Issues To Consider

?	How will your value proposition,, → Value Innovation , → Business Model , → Revenue Model, → Differentiation Strategies, product, service and/or invention fit into the foreign market?
?	Should you enter the market through trade or through investment / joint venture?
?	Should you obtain your supplies and strategic partners domestically or from abroad or both?
?	What product/service adjustments are necessary to be responsive to local conditions, customer needs, → cultural biases , and → perceptions?
?	What market penetration strategies and instruments (e.g. → social media or Innompic Ecosystem) should you use? >>>
?	What threats from global/local → competition should be expected and how can you counteract these threats? How could you achieve outstanding results and stand out from the competition?

Going international involves various risks.

Representative Office

A representative office is an office established by a company or a legal entity to conduct marketing and other non-transactional operations, generally in a foreign country where a branch office or subsidiary is not warranted.

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