Homework 2 for Intro to Business class GEB 1011 PDF

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HW 2 For intro to business class it is question for GEB 1011...

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1 Harsh Soni Professor R. GIllan GEB1011 25 September 2021 AS-2 When conducting your business worldwide there are lots of challenges ups and downs that a business would have to face. The way in which I would conduct my business worldwide is that, For my product first I will have to legalize my product by having it patented and a trademark sign. After that I would have a franchise agreement with the other company that will be using my name and product for sales. With the franchise agreement my company would become famous in nations surrounding Germany and England because of it rapid sales and growth As Germany and Brexit England are in need of my product I would have to contact the companies there which need my product and get the license from them to trade in that nation. Once after obtaining the license I would have to set the market price for the product that will be sent overseas and that too with considering the manufacture and exporting charges and taxes....