How Can Entrepreneurs Maximize the Benefits of GATT?
1. Leverage Technology: Use technology to streamline operations, reduce costs, and improve compliance with international standards. 2. Strategic Partnerships: Form alliances with foreign firms to share resources and market insights, thereby reducing entry barriers. 3. Market Research: Conduct thorough market research to understand the demand and competition in target markets, ensuring informed business decisions. 4. Adaptability: Stay flexible and adaptable to changing market conditions and regulations to maintain a competitive edge.