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⍰ ASK How can a company navigate geopolitical challenges when expanding globally?

Knowing local rule possible trade problems and political stability helps avoid risks. Teaming up with strong local partners gives good advice and support in tricky political situations.

Having different sources for important materials is smart. Relying on just 1 source can be a problem if there are political issues. Using suppliers from different places helps the company handle political changes better.

Understanding local customs is really important too. Changing marketing and business plans to fit in with how thing are done locally shows respect and build good relationships.
 

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