Why do foreign companies sometimes have problems complying with stringent and often changing regulations and bureaucratic obstacles?
A) Because local government is out of control and trying to make a money grab
B) Because the laws are stupid
C) Because the government is trying to achieve cartel status for its domestic products
D) Because of business practice laws
E) Because the managers in the foreign firm are ill-informed

Question

Quizplus · Accepted Answer

Many countries have business practice laws that differ from those in other countries. Companies must learn to navigate these laws to comply with regulations and avoid bureaucratic obstacles. This often requires significant time, effort, and resources.

Why Do Foreign Companies Sometimes Have Problems Complying with Stringent