Q1) On your own words, write a brief details - should be consider focusing on CAGE...

Q1) On your own words, write a brief details

- should be consider focusing on CAGE framework to study the Cultural, Administrative, Geographic and Economic differences with respect to the Germany country.

This are some examples about each factors of CAGE framework

Cultural: - people`s language, values, behaviors and quality of life.

Administrative: - Rules and regulation related to the business in selected country.

Geographic Distance: - The size of the country, differences in climates, and nature of transportation and information networks. You can think of geographic distance as absolute, in terms of the miles or kilometers that separate a firm from another market or supplier.

Economic:- Income level, and the relative purchasing power and GDP of the country.

Note: if there are some factores required to a comparison with other country, so we can use (Oman Vs. Germany)

Expert Solution

Hope you got your answer if you need some more information about your question feel free to ask...best of luck

Rahul Sunny answered 2 years ago

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