Doctrines of Caveat Emptor and Caveat Venditor

Doctrines of Caveat Emptor and Caveat Venditor

Concept of Consumers Sovereignty

One of the important characteristics of capitalism is the existence of economic freedom, which implies not only freedom of enterprise but also consumer sovereignty. After …

Basic Consumer Rights

Consumers in the developed countries such as the USA and UK are much more conscious of their rights. But in countries such as India consumers …

Accounting Differences Across Countries

Companies that solely operate in the United States generally prepare financial statements that are in accordance with U.S. Generally Accepted Accounting Principles (GAAP). However, most …

Cross Cultural Challenges in International Business

Culture is the “acquired knowledge that people use to anticipate events and interpret experiences for generating acceptable social & professional behaviors. This knowledge forms values, …

International Compensation Decisions

Recently, the dilemma between sector and cultural predictors of compensation policies has become a public concern, and is extremely important in the background of internationalization. …

Basic Techniques of Risk Management in International Business

Comprehensive business risk management is a multi-stage process that will vary depending on the needs and requirements of each individual enterprise. The first stage is …

Basic Foreign Manufacturing and Sourcing Decisions

Foreign manufacturers are much cheaper than domestic sources; your costs of labor could be reduced by as much as 80 percent. This can allow you …

Product and Branding decisions for Foreign Markets

The international marketing mix consists of 4 Ps viz. Product Price Place Promotion Product & Branding Decision A product is something both tangible and intangible. …

Foreign Channel and Logistics Decision

International companies either sell directly or indirectly. Indirect selling takes place through domestic agent/domestic merchants. This is a long channel involving a number of marketing …

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