Setting up business always involves risk

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1. Setting up a business always involves risk. Briefly explain why a company would set up a business in a least developed country where consumers have a low income. Provide a specific example to help explain your answer.

Type your answer in complete sentences and in paragraphs.

2. Exchange rates can be a challenge when selling to people outside of one’s own country. Briefly explain why that statement is true. Then provide an example of what you would do as an entrepreneur to help overcome that particular challenge.

Type your answer in complete sentences and in paragraphs.

Reference no: EM131414761

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