International Business

Management Challenges in Going Global

Management Challenges in Going Global

[This is the sixth in a series of articles on globalization.] As noted in previous articles, the world offers significant business opportunities for every company. However, opportunities are accompanied by significant challenges for managers. The greatest challenges associated with doing... (Continue reading)

Legal Considerations in Operating in Foreign Markets

Legal Considerations in Operating in Foreign Markets

[This is the fifth in a series of articles on globalization.] Legal considerations in operating in foreign markets There are a number of legal issues that must be taken into account in commencing operations in a foreign market. For example,... (Continue reading)

Types of Foreign Markets

Types of Foreign Markets

[This is the fourth in a series of articles on globalization.] Types of foreign markets Just as strictly domestic companies must carefully identify and segment the potential U.S. markets for their products and services, firms interested in going global must... (Continue reading)

Technology and Globalization

Technology and Globalization

[This is the third in a series of articles on globalization.] One factor that is driving change in global markets is the impact that technology, particularly information technology (IT), is having on the growth and economic development of all countries,... (Continue reading)

Why Even Small Businesses Should Think Globally

Why Even Small Businesses Should Think Globally

[This is the second in a series of articles on globalization.] Small and medium-sized businesses should consider foreign markets for many reasons. In this article, I will describe the most commonly cited reasons. Reasons for foreign business activities – Cost... (Continue reading)

Why Even Small Businesses Should Think Globally

Why Even Small Businesses Should Think Globally

[This is the first in a series of articles on globalization.] For the past several centuries, companies wishing to do business internationally had to face two major problems – geographical and temporal space. However, with the emergence of virtually instantaneous... (Continue reading)

Export Incentives for Small Companies

Export Incentives for Small Companies

Over the past decade, Congress has repealed many of the tax incentives designed to encourage exports. The latest casualty was the Extraterritorial Income Exclusion (“ETI”), which was repealed in 2006. However, the Interest Charge Domestic International Sales Corporation (“IC-DISC”) remains... (Continue reading)

Do business with India Now?

Do business with India Now?

Is it time to do business with India – is it ever time? A recent reprint of a 1920’s article in The New York Times says it all. Close to a century after this article the premise remains the same.... (Continue reading)