Which of these is an expense that needs to be considered when making budgeting decisions for international expansion.

Question

Quizplus · Accepted Answer

Fluctuating exchange rates can affect the cost of doing business in other countries and impact profits. Taxation varies by country and can significantly impact the cost of doing business as well. Labor laws also differ by country and can affect hiring practices and employee compensation. Therefore, all the options - fluctuating exchange rates, taxation and labor laws - should be considered when making budgeting decisions for international expansion.

Which of These Is an Expense That Needs to Be