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.
2
Q
What are 3 geographical areas recommended for partnering
A
- Europe
- Far east (Singapore, Malaysia)
- Transitioning countries (china)
3
Q
What are sources of ideas for new entrepreneur
A
- Consumer
- Distribution channels
4
Q
What is CPI
A
Consumer price index. Inflation rate of a product is measured through CPI in USA.