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Trade finance has shifted from a fairly esoteric, focused and niche element of global trade to become an integral part of the most fundamental aspect of international trade: the global supply chain.
Microglobal is the concept that small business and micro-enterprise can enact in and be part of global commerce. The key to success is building global business relationships.
There is a direct link between the factors influencing price setting and a company’s marketing strategy. The pricing strategy will depend on the company’s marketing objectives
Here is a look at some lessons learned from famous market entry successes. These companies did it right, and others who wish to expand into new territories can learn from their strategies.
After many years of practicing law in Canada, Bill Kosar decided to take his career in a more global direction, and has since pursued several opportunities to serve as a legal and international trade advisor to national governments, providing training to lawyers and government officials in international business law and promoting global trade.
The ultimate market entry strategy a company might pursue on its own is to build a wholly owned subsidiary in the target market. This is a form of foreign direct investment and they are usually referred to as Greenfield investment strategies.
The Obama administration in the U.S. is intent on developing trade with Africa, as evidenced by a recent trip partly funded by the U.S.-sponsored International Trade Association to the continent in mid-September.
One of the first investments that an organization makes in their new market is in human resources, because you need people on the ground to begin operations. So how does an organization start international hiring in a country they’ve never operated in before?
Africa is open for business and ripe with opportunities, but they go largely untapped by North American firms, which have been hesitant to enter markets where their European and Asian competitors are already doing business – and profiting from it.
As with all aspects of private international law, there are a number of issues an entrepreneur must consider before entering the e-commerce marketplace. The following…
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