Respond to the following in a minimum of 175 words:Discuss the CAGE Distance Framework that firms...

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Respond to the following in a minimum of 175 words:Discuss the CAGE Distance Framework that firms should consider when choosing which foreign markets to enter.What conditions help managers determine which type of distance is most likely to affect the success of an international expansion? Provide an example.

Akash · Accepted Answer

Running Head: MANAGERIAL ACCOUNTING	1
MANAGERIAL ACCOUNTING 		4
MANAGERIAL ACCOUNTING
Table of Contents
1. CAGE Distance Framework to Determine Foreign Markets to Enter	3
2. Conditions to Determine Distance Affecting Success of an International Expansion	3
References	4
1. CAGE Distance Framework to Determine Foreign Markets to Enter
The framework of CAGE mainly makes identification on Cultural, Administrative, Geographic and Economic differences among various countries. Additionally, the organizations shall address it carefully, with the time, during the time of framing the international strategies. The CAGE framework can be used for determining the pattern information on capital, trade and also the flow of peoples.

Respond to the following in a minimum of 175 words: Discuss the CAGE Distance Framework that firms should consider when choosing which foreign markets to enter. What conditions help managers determine...

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