Why Do Foreign Companies Sometimes Have Problems Complying with Stringent

question 140

Short Answer

Why do foreign companies sometimes have problems complying with stringent and often changing regulations and bureaucratic obstacles?
Because local government is out of control and trying to make a money grab
Because the laws are stupid
Because the government is trying to achieve cartel status for its domestic products
Because of business practice laws
Because the managers in the foreign firm are ill-informed

Recognize the significance of aligning job roles and responsibilities with organizational strategy and goals.

Understand the significance and methods of adapting jobs and work schedules to meet employee needs and organizational demands.

Understand the steps involved in the research process.

Identify the role of hypotheses in the research process.

---

Definitions:

Fundamental Benefit

A primary or essential advantage that is intrinsic to a product, service, or activity.

ACP

Average Collection Period (ACP) is a financial metric that measures the average number of days it takes for a company to collect payments from its customers after a sale has been made.

Bad Debts

Accounts receivable that a company does not expect to collect and writes off as a loss.

Credit Policy

The guidelines a company follows to determine the creditworthiness of its customers and the terms and conditions of credit it will extend to them.