What factors should companies consider when determining the best form of operation to use when entering foreign markets? by Yi Wang https://padlet.com/wy109forever/219pv2cy0vu6 en-us 2018-03-11 20:50:29 UTC 2018-03-12 13:55:07 UTC hello@padlet.com WE https://padlet.com/wy109forever/219pv2cy0vu6/wish/240848532 Language —> communication between the partners 

Politcal —> changes, e.g. uber. 

Economical —> influence of inflation….GDP per capital. 

Social —>  difference in culture and behaviour, religion, gert hoffstede 

Technological —> distribution, production and communication. 

Environmental —> raw materials, pollution, weather 

Legal —> consumer rights and laws, product safety, advertising standards 





]]> 2018-03-12 13:34:02 UTC https://padlet.com/wy109forever/219pv2cy0vu6/wish/240848532 Also we https://padlet.com/wy109forever/219pv2cy0vu6/wish/240849599 Budget
Willing to take risks
Political stability
Cultural differences
Potential market, customers
Level of competititon
Level of infrastructure
IP rights
Possibility to repatriate profitts
Allies presence

]]> 2018-03-12 13:35:32 UTC https://padlet.com/wy109forever/219pv2cy0vu6/wish/240849599 More we https://padlet.com/wy109forever/219pv2cy0vu6/wish/240849851 Cultural Fit
- Hofstede

Knowledge of foreign market

Barriers

Resources available/capital requirements

IPR

Strategy

Uncertainty/risks


]]> 2018-03-12 13:35:55 UTC https://padlet.com/wy109forever/219pv2cy0vu6/wish/240849851 Less we https://padlet.com/wy109forever/219pv2cy0vu6/wish/240850860 - Long term objectives: Profit or capturing market shares. 
- Cultural fit
- Amount of wanted control
- Transactional cost
- Trade restrictions / potential political conflicts
- Potential resources in the entered market (human capital etc.)]]> 2018-03-12 13:37:20 UTC https://padlet.com/wy109forever/219pv2cy0vu6/wish/240850860 Most WE https://padlet.com/wy109forever/219pv2cy0vu6/wish/240852288 Size of company (financial and human resources) 
Prior knowledge  (internal) 
Position in the market (relative between corporation and parent company) 
Cultural Distance 
Currency Risks 
Country Risks (politic stability, corruption) 
Type of product (knowledge/resource intensity - does it make sense to transport?) 
Target customer segment ]]> 2018-03-12 13:38:57 UTC https://padlet.com/wy109forever/219pv2cy0vu6/wish/240852288