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Discuss the steps included in the reengineering process.
Administrative Differences
Variations in the organization, procedures, or policies between different businesses, governments, or institutions.
Liability of Foreignness
The disadvantages or additional costs that firms operating outside their home countries incur, compared to local firms.
Natural Resources
Materials or substances that occur in nature and can be used for economic gain, such as minerals, forests, water, and fertile land.
Liability of Foreignness
The challenges and costs associated with operating in a market outside of a company's home country, including cultural differences and unfamiliar regulatory environments.
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