whats a disadvantage of operating in many countries?
Assosiated british foods plc (ABF) is a british company operating in the food and retailer sectors. It has annual sales of over £8 billion and it employs over 96,000 workers in 44 countries. outline one advantage ABF may experience from operating in many countries
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11 April 2011
I am not sure that there are disadvantages as such. Trading in many different countries means that there are lots of things that ABF have to manage, such as:
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different laws, rules and regulations
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different cultures, and attitudes to their products and trade names
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local rules relating to labour, e.g. minimum pay rates, redundancy and job security
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different countries tax regimes
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Managing these are a function of doing business overseas.
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Advantages include:
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direct access to overseas markets, meaning more demand for their products
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detailed understanding of local markets, so they can adapt their products (e.g. names) to meet local sensitivities
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Take your pick....
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