International business is one of the main features of the global economy. The decision made by a firm regarding venture abroad involves the evaluation of the different alternative entry modes. This is done bearing in mind the degree of the risk and the suitability of the business environment that is in the potential region or country. Economic, political, cultural and other factors are all of the significant importance. BMW’s plant is situated in Spartanburg in South Carolina. The plant began its operations of producing automobiles in 1994. Due to the enormous success that the company had, there was ...
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