Brazil Final

Front

What is one primary reason for considering Brazil as a potential market for expansion?

Back

Brazil has a cultural enthusiasm for sports and a growing demand for high-quality athletic goods.

Front

What is a significant challenge businesses face when entering the Brazilian market?

Back

Brazil’s protectionist trade policies and high import tariffs.

Front

What cultural value is emphasized in Brazilian business practices?

Back

Building personal relationships and trust before formal business dealings.

Front

What is one advantage of entering Brazil through a joint venture?

Back

Access to local expertise and reduced regulatory barriers.

Front

How does Brazil’s labor law, CLT, impact businesses?

Back

Requires formal employment contracts, including a mandatory 13th-month salary.

Front

What currency-related risk must businesses entering Brazil manage?

Back

Volatility in the exchange rate between the Brazilian real and the U.S. dollar.

Front

What is a major difference between the political systems of the U.S. and Brazil?

Back

Brazil’s federal districts face unique regional challenges.

Front

Why is localized marketing essential in Brazil?

Back

Brazilian consumers value branding that aligns with their cultural and linguistic preferences, like using Portuguese.

Front

What is one infrastructure-related challenge of expanding into Brazil?

Back

Extended customs processing times and infrastructure gaps.

Front

What entry mode offers maximum control over operations in Brazil?

Back

Wholly owned subsidiary.