Suppose your company in Australia wants to expand internationally and is considering either Indonesia or Chile. Apply a CAGE framework to support your decision.
Suppose your company in Australia wants to expand internationally and is considering either Indonesia or Chile. Apply a CAGE framework to support your decision.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
Suppose your company in Australia wants to expand internationally and is considering either Indonesia or Chile. Apply a CAGE framework to support your decision.
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Step 1
CAGE frameworks refer to the structure that identifies and holds up important information that is required by a company that wants to enter a new market. This framework helps in understanding the pattern of work, practices, and other crucial factors that will help in crafting international strategies. CAGE framework notifies companies planning to go international about what they need to do compared to what they are currently doing.
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