Globalization has been a key factor in the expansion of businesses around the globe. Several big companies and enterprises have expanded their territories, in order to have a competitive edge over their competitors. Global expansion plan allows the company to search for new opportunities which help them in their further growth.
However, there are some restrictions these companies have to face in order to expand their business to the other countries. One of the most crucial issues is the regulations of government of that particular country (Amy, 2007).
Each country's government has different set of regulations, which companies ...