There are numerous risks, which domestic firms doing businessoverseas face. The distance between two nations, along with theunfamiliarity with foreign nation’s laws, spurs a plethora of risksthat complicate business relations and transactions. In addition,the differences between two nations currencies and culture elevatethe potential for business dealings to go awry.
- Discuss three additional risks that may complicate doingbusiness overseas.
- Discuss what you believe to be the most significant risks for arestaurant that wants to expand to an overseas market.