Factors of Choosing an External Market for Doing Business

Authors

  • Guzel Vazigatova Federal State Budgetary Educational Institution of Higher Education «Bashkir State University»

Keywords:

foreign economic activity, production, commercial enterprise, internal and external factors, strategy, production capacity, rational decision

Abstract

The object of the study is the external market for doing business.

The purpose of the study is to determine the factors of choosing an external market for doing business.

Research results: the factors influencing the strategic decision-making process are presented, the main motives for business expansion abroad are revealed. Entrepreneurs and heads of organizations should make rational decisions, but there is always a risk of incurring various costs. Thus, there is a difficult task: it is necessary not only to make a decision about the company's development of a new market, but also about the way to enter it.

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Published

2021-09-30 — Updated on 2021-09-30

Issue

No. 3 (2021): Journal "U". Economy. Management. Finance. 3/2021

Section

Practice-Oriented Papers in Economics and Management

License

Copyright (c) 2021 "Journal "U". Economy. Management. Finance."

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

Factors of Choosing an External Market for Doing Business. (2021). "Journal "U". Economy. Management. Finance.", 3, 55-60. http://portal-u.ru/index.php/journal/article/view/534