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3.3.4. ­ Other considerations before trading internationally

Ethical decisions regarding what and where to manufacture:
- How good the legal protection in enforcing the contract is
- How easy is it to obtain credit
- How easy is it to buy property
- How easy is it to build a…

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- Employees are a companies most valued asset, treated well so morale and team work improved
- Helps local community and stakeholders as much as possible gaining a better reputation leading to
increased sales
- Taking action before needed reduces the risk of major problems occurring later which could have…

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· Local Knowledge
o Problems avoided if you know the area
o Joint ventures can be useful as one partner knows more about the country then the other e.g.
local partner, Dubai
o Agents can also be used they are individual businesses with more local knowledge who sells the
products…

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