Scenario: Stephanie Wong
Stephanie Wong, a Chinese-American, owns a consultancy that advises clients on strategies for business expansions into China. Wong is to lead a symposium for small and mid-sized exporters who are planning on expanding their businesses in China. Therefore, she is preparing answers in advance for questions that symposium participants would most likely ask.
-Which of the following factors should the legal experts of Wayne's consider while evaluating the legal systems of Paribo and Kirawi?

Question

Quizplus · Accepted Answer

The resolution of contractual disputes with local vendors is a crucial aspect of doing business in any country, including Paribo and Kirawi. Legal experts need to consider the efficiency and fairness of the legal system in settling such disputes, as it can have a significant impact on the success of business expansions in these countries. Factors such as profits made by local and international companies, as well as the prevalence of crime, may be important but secondary considerations.

Scenario: Stephanie Wong Stephanie Wong, a Chinese-American, Owns a Consultancy That Advises Clients