1. Business and Globalization
First is the laws and regulations in the target market. For example, peoples taste preferences vary from market to market and some countries enact product content regulations. ... Counterfeit goods are also having a major impact on the marketability of products. ... Lastly is dumping, Dumping occurs when a product is prices lower in its export market then it is in its home market. Dumping typically occurs with an effort to undercut competitors in global markets. ...
- Word Count: 953
- Approx Pages: 4
- Has Bibliography
- Grade Level: Undergraduate