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There are several problems that companies face when they go international. One is the language barrier. It can be hard to communicate your thoughts and ideas when you are not familiar with the language. Understanding the culture can also be a problem. It is important not to inadvertently insult the new country that you are in.

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What kinds of problem do companies use to enter overseas market?

Companies face several challenges when entering overseas markets, including cultural differences, regulatory compliance, and market competition. Understanding local consumer behavior and preferences is crucial, as misalignment can lead to product mismatches. Additionally, navigating legal requirements, tariffs, and trade agreements complicates market entry. Companies must also strategize on distribution channels and local partnerships to effectively establish their presence.


What are the business uncertainties?

· Unexpected costs (products, manufactoring, premises) · Face increasing competition from other companies · Suppliers go bust


What is the secondary tax on companies?

The secondary tax on companies (STC) was a tax levied on the profits of South African companies, specifically targeting their distributions to shareholders. This tax was applied to dividends paid out, effectively taxing the profit at two levels: once at the corporate level and again when distributed to shareholders. However, in 2012, South Africa replaced STC with a dividend withholding tax, which simplifies the tax structure and reduces the overall tax burden on companies. As a result, companies now only face taxation on their profits before dividends are distributed.


What risk do small firm face when partnering with successful companies?

They have to worry about not being heard. Often they will be swallowed up and forgotten about while the big partners take over everything.


Where does insurance companies insure?

A better question you be what do they not insured. You can find insurance for anything you can think of. Some famous people even insure their teeth or face because of their good looks. Lloyd's of London will underwrite custom insurance policies for anything you want. Most companies insure Autos and Homes.

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