fin630_db1

Apr 28th, 2015
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Acme, a United States firm, has been in acquisition talks with two different European firms. JEL Industries is headquartered in a country that is part of the European Union (EU), and uses the Euro, while DBC Industries is headquartered in a European country that does not belong to the Union and does not use the Euro as their primary currency. Based only on the knowledge of whether or not the firm is located in a country within or outside of the European Union, recommend one of the organizations and explain why you selected that organization. In your response be sure to describe the implications of running a business in a country that is within or outside of the European Union. Describe the advantages and disadvantages of the choice you made.

Word Count: 470
Showing Page: 1/4
FIN630-DB1NameClassDateProfessorFIN630-DB1 The new information age has improved the abilities of the organization to conduct business in the international market but the organization also needs to be prepared for the potential challenges of doing business in the new global age. When determining whether or not to conduct business with a company that is a part of the European Union or that is not a part of the European Union it is essential to understand the potential risks as well as the potential benefits. Risks in doing business with the EU is dealing with their strict regulations and legislative processes that make the or conducting business more complicated or going outside the EU but facing higher, economic and territorial risks. While doing business with the European Union comes with challenges for the United States business it poses less of a potential risk to the organization over conducting business with a company outside of the EU. JEL Industries is headquartered in a country that is part of the European Union (EU) and would provide the American business with opportunities to trade with twenty seven countries and has removed usual the

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