Country information is an important part of your business research. This information gives you insights into economic, political, social and cultural factors that influence consumer behaviour in a country, among others. Understanding these factors is crucial for companies looking to expand into new markets or develop marketing strategies for existing markets.
Here are some specific reasons why country information is needed for business research:
In general, understanding the unique characteristics of each country is essential for companies looking to successfully enter or expand into a new market. Country information on the Netherlands and other countries can be found in various resources at the Hanze Library.
When conducting business research, it is crucial to not only consider broad national trends, but also regional and urban information. These local insights provide valuable information on specific market segments and customer behaviour at a local level, which can ultimately lead to a competitive advantage for companies.
Added value of regional data within business research:
And this is why it is good to seek urban information:
Information on cities and regions in the Netherlands and abroad can be found in the library's databases.
Incoterms are a set of 11 internationally recognised rules defining the responsibilities of sellers and buyers. Incoterms specify who is responsible for payment and management of shipping, insurance, documentation, customs clearance and other logistics activities.
Incoterms are a set of 11 separate rules issued by the International Chamber of Commerce (ICC) that define the responsibilities of sellers and buyers when selling goods in international transactions. Of primary importance, each Incoterms rule clarifies the duties, costs and risks that buyers and sellers must bear in these transactions.
The Incoterms 2020 rules have been updated and grouped into two categories reflecting modes of transport.Of the 11 rules, seven are for ANY mode(s) of transport and four are for sea, land or inland waterway transport.