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Basic Recommendation

Germany is a high-cost manufacturing country compared to places like China and Southeast Asia but is known for engineering prowess, and one solar panel company gambled customers would pay more for German-made panels.

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24 views1 page

Basic Recommendation

Germany is a high-cost manufacturing country compared to places like China and Southeast Asia but is known for engineering prowess, and one solar panel company gambled customers would pay more for German-made panels.

Uploaded by

Anime TV's
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Basic recommendation

First, it’s important to know that Germany is a high-cost manufacturing country


compared to China or Southeast Asia. On the other hand, Germany is known for its
engineering prowess. Q-Cells gambled that customers would be willing to pay a premium for
German-made solar panels. T
distance between a company’s home market and the new foreign market) or cultural
differences (examples include the differences between home-market and foreign-market
customer preferences), you can also use it to identify institutional differences. Institutional
differences involve differences in political systems and in financial markets. The greater the
distance, the more difficult it will be to operate in that country.

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