Wednesday, October 22, 2008
How the Global Recession is Afftecting Businesses Trying to go Abraod
The current economic crisis in the U.S. has branched out to negatively affect the Global Economy. As it relates to businesses looking to go abroad how would this current economic crisis impact their decision to go abroad. And will it affect how they plan to go abroad (Greenfield investment, Franchising, Licensing, Joint Ventures, ect.)
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The economic crisis clearly is going to have in impact on all aspects of international business. However it will be hard to judge what the overall impact will with out waiting a year or so. But a recession is still a recession and from my understanding that is a bad thing.
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