Problems in control of international business
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Answer: HERE ARE SOME OF THE BIGGEST PROBLEMS IN CONTROL OF INTERNATIONAL BUSINESSES:
1) International company structure
2) Foreign laws and regulations
3) International accounting
4) Cost calculation and global pricing strategy
5) Universal payment methods
6) Currency rates
7) Choosing the right global shipment methods
8) Communication difficulties and cultural differences
9) Political risks
10) Supply chain complexity and risks of labor exploitation
11) Worldwide environmental issues
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