Pros and cons of using subcontracting as a market entry strategy
Subcontracting is a transfer-related market entry strategy. Here are the pros and cons of adapting a subcontracting strategy.
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Subcontracting is a transfer-related market entry strategy. Here are the pros and cons of adapting a subcontracting strategy.
When trading goods across international borders, the period of transit has a high level of risk and a high cost of liability should anything happen to a shipment of goods. That’s why transport documents like a bill of lading are so crucial, acting as a contract and a receipt for the goods delivered to the carrier for shipment.
Even when conditions indicate that a potential market might be suitable, certain political and legal issues—such as import restrictions or lack of copyright protection—could make…
Global value chains (GVCs) have been at the center of attention in both business and policy spheres around the globe for the past two years….
In July 2021, Mary Ng, Canadian Minister of Small Business, Export Promotion, and International Trade, along with Tatiana Clouthier, Mexico’s Secretary of Economy, and Katherine Tai,…
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The word ‘globalization’ evokes strong sentiments in our current times. For some, it represents a practice that has been occurring for centuries: trade between countries, while…
After the dramatic economic toll of the pandemic in 2020, economic forecasters predicted a rebound in trade in 2021, though experts warned trade was not…
In recent years large banks have experienced more competition from innovative fintech start-ups, credit unions and co-ops. These players cater to tech-savvy, values-driven millennials but…
From 2020 reactivity to 2021 adaptability It’s an understatement to say that 2020 was an unpredictable year. But, with it done and businesses around the…
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