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Why did American companies send so much of their business to other countries?
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Why does the US government encourage US companies to sell their products in other countries?
The U.S. government encourages the U.S. companies to sell their products in other countries because other countries may offer better opportunities for growth.
Problems faced by Multinational companies in host countries?
There are many problems faced by multinational companies in host countries. The main problem is the huge cost of labor in the host country so as to be able to coordinate the other branches in other countries.
Why do people have to exchange currency?
To do business with people from other countries, or because they are travelling to other countries and need to buy things.
Western railroad companies and farmers needed each other's business This is an example of?
interdependence
Why do companies go out of business?
Companies go out of business for various reasons. Some of common reason for winding up is bankruptcy and not being able to sustain the expenditure of the company among other things.
Why did American oil companies come to Saudi Arabia?
American companies came for oil exploration. Other companies from other countries came for the same purpose, such as Korean, German, and Japanese.
The minimum that a firm has to do to engage in international business is to?
license products to companies in other countries
Does Canada sell diamonds to other countries?
Generally, countries are not in the diamond business. However, diamonds mined in Canada are sold to companies with headquarters in other countries.
How do American Express companies transact their business?
Companies using American Express credit cards transact their business in much the same way as any other companies. American Express holders may have more difficulty in some areas because the card is not universally accepted.
Is it against the law for US companies to offer bribes when doing business with other countries where bribery is aceptable?
Yes.
How did the Congress protect American industry after the war of 1812?
After the War of 1812, Congress enacted a tariff on goods being imported from other countries. The tariff raised the price on the products coming into the country. This made it easier for American companies to compete for the business of consumers.
Why did the Fordney-McCumber Tariff affect other countries?
This trariff proctected American business from foreigh competion..I think :)
When and how American express started its international businee?
American Express started in 1850 as an express mail business. In the early 1980s it started to expand to international business through affiliations with other companies including Wells Fargo.
What is the company name that do business for others?
All sorts of companies do business for other companies. But maybe you mean "subcontractor"?
Do US companies conform to US environmental policies overseas?
Federal jurisdiction ends at the American border. Companies doing business in other countries are bound by law set in that host country. And it is almost universally less constrictive than things are in U.S. With the cheaper local labor and the reduced need for "compliance" on foreign soil, no wonder American companies that can do it will relocate facilities. Lower costs equate to higher profits. And more so when relocation is made to countries with favorable trade agreements with the U.S.
Why are companies leaving the united states?
Because American politicians suck. Look at the prez....he is only an attorney with associates who got him into office and then they direct him with what to do. Globalization is a great marketing term.......it is cheaper to get raw goods from other countries. It is all about money. Politicians make it too expensive to do business in America (when they do favors for other business partners).....so that is why companies are leaving. Politicans are sinking the whole American economy.....have been for the last 11 years by allowing banks to use the scam of derivatives. (I am born and raised in the US, btw)
Why do multinational companies exist?
Multinational companies exist so they do businesses with other countries. Multinational countries follows the law and regulations of the countries they work with.
