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Business strategy
Doing business in developing countries! right or wrong.
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[QUOTE="Holicent, post: 285114, member: 76163"] My first point is that, as a general rule, a multinational corporation or business should not do business in developing countries unless it has a reasonable expectation of making money out of it. If this is not the case, then it will probably not be willing to invest too much in the country. In fact, in many cases it may prefer to invest its resources in other parts of the world where there is more potential for future returns (but where there are also higher risks). Second, if you want to do business in developing countries, then you need to know what you are doing and how to achieve your goals. The best way of doing this is through experience and hard work; but if this doesn't work then there are plenty of ways which can still get results without great effort (for example, by using technology). Finally, if you want your company's name associated with something positive then try to make sure that what you are involved with does have some sort of long-term benefit for society (rather than just short-term profits for shareholders). [/QUOTE]
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Doing business in developing countries! right or wrong.
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