A. Shakira wants your business advice regarding how she should protect herself from risks in the event

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A. Shakira wants your business advice regarding how she should protect herself from risks in the event of a dispute in regards to the Montenegrin location of her CrossFit franchise. What do you advise her?
B. Shakira admits that she has never been to any CrossFit location and she has never been to Montenegro. She says she has been "visualizing success" as her Twitter expert guru told her to! Yet, Shakira admits that she is uneasy about the political situation in Montenegro (based on simply her "feelings" and no facts). She is concerned that her franchise business assets could be the subject of expropriation or losses due to any future civil unrest. What advice would you give her to address this possibility (even if it is remote and improbable)?
C. What specific types of provisions do you recommend should be written into the CrossFit Montenegro location franchise contracts to limit any legal disputes that might arise between the US based franchisee company and the local vendors, banks and clients in Montenegro?
D. How would these provisions favor the interests of Shakira's company?
E. If Shakira follows your advice and includes the provisions you recommend in part (A) in the contracts, does that mean the company will never have to go to court in another country or become familiar with any foreign laws in connection with the business deals in Montenegro?
F. What could happen if the provisions you specified in part (A) were not part of the contract?
G. What would you advise Shakira to do to protect her interests (to avoid the risk of paying upfront and then the fixtures and furniture never being delivered to Montenegro)? What about ensuring that the delivered items are properly installed in the CrossFit location in Montenegro?
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Related Book For  book-img-for-question

International Marketing And Export Management

ISBN: 9781292016924

8th Edition

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

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