Week 3 Globalization - business to more potential...

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There are many advantages and disadvantages of being involved in an international market. As Marcus mentioned one advantage is utilization of web pages to reach more customers. There is also the added benefit of social networking. I have connections on Facebook from across the nation, Canada, and even Sweden and I can share my experiences with different companies with them. Word of mouth can be a powerful thing. By going international, you open up your
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Unformatted text preview: business to more potential customers. However as Marcus also stated one of the disadvantages is having more competition. You will open your business up to different types of competition in different countries. You may also be subject to their regulations. You must be well rounded and dedicated to making sure that you follow the regulations of your market to ensure that you are able to stay working in that international arena....
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