If a company is doing business in a country with a strong propensity for informal relational exchanges, it may not be a good idea to insist on formalizing the contract right away. Because such countries often have relatively weak legal systems, personal relationship building is often used to substitute for the lack of strong legal protection. A. TrueB. False

The correct answer is True.

Explanation:

Companies have to learn to fly and expand internationally. What happens is that it is not always easy. There are a number of obstacles and differences that every business owner has to face if he wants to do business abroad. If you want your business to truly grow, overcoming borders, you cannot miss this article.

vCultural habits: the taking of commercial risks and aversion towards them varies depending on where we are. In one country, throwing a dice in the air can be considered a sign of courage and ambition, but in another, it can be seen as reckless and reprehensible. That's when you have to research and soak up the history of your suppliers, customers and other interested parties, because it will be very helpful when it comes to covering your bet abroad. In some countries, for example in the Asian continent, the main approach when negotiating is to establish a solid relationship, while in European countries we usually expect the signing of a contract, the negotiation of an agreement, talk about consideration And good coffee.

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