Answer to Question #52796 in Management for Stan

Question

Why it is more difficult to operate in world market than in home market?

Answer 1

World market is more complicated than local because of:
- number of possible variations in resource prices;
- presence of other competitors (with possiblymore upgraded product);
- need to adapt your product to the special requirements of different nations and cultures;
- need to take into account different standards of life in different countries;
- need to include higher transportation costs, which increase the product price.