One of the challenges facing global business leaders is determining which international markets have a sufficiently acceptable environment in which to operate.
Based on your readings and learning activities, consider the case of Sucre Group, a Belgian candy company headquartered in Brussels. It is a growing candy company with four manufacturing plants, 1270 employees, and 2023 sales of $690 million. Senior management has been considering possible international expansion evaluating many potential locations, including Latvia’s market.
After researching the different factors under consideration, describe in detail four factors Sucre’s senior management would want to learn about Latvia’s business environment before reaching an expansion decision.
To support your assertions, utilize at least one academically credible research source in your response, both citing it in-text and listing it as a reference at the end of your post.