Chapter 14 Flashcards

1
Q

What is entrepreneur partnering

A

An international entrepreneur tries to find a business partner in local market who can facilitate him.

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2
Q

What are 3 geographical areas recommended for partnering

A
  • Europe
  • Far east (Singapore, Malaysia)
  • Transitioning countries (china)
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3
Q

What are sources of ideas for new entrepreneur

A
  • Consumer

- Distribution channels

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4
Q

What is CPI

A

Consumer price index. Inflation rate of a product is measured through CPI in USA.

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