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  • 24-04-2021
  • Business
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why is the quality of standards/services of products usually low for a domestic business?

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10011813
10011813 10011813
  • 26-04-2021

Answer:

Domestic Business requires comparatively less capital investment as compared to international business. Domestic Business has few restrictions, as it is subject to rules, law taxation of a single country. As against this, international business is subject to rules, law taxation, tariff and quotas of many countries and therefore, it has to face many restrictions which are barriers in the international business. The nature of customers of a domestic business is more or less same.

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