Question

5.With reference to foreign companies, explain three changes that require a 30 days notice before effecting. ( 6 marks)

Answer 1

The changes that are needed to be done by foreign companies in the US in the 30 days are:

· Identifying the source of money and the supply chain, the business of foreign origin and its supply chain is under the question.

· Ensure the processes and the supply chain is no way merged with the Identities which are Foreign but have a business in the Country The changes if need be have to be done and made to last for the long term.

· Settle the supply chain and business ties with the Current supply chain and develop the new ones. This would give the business of the nation to have a better choice of People to work in the foreign markets outside the country

These would ensure that the business of the nation is no way encountering the Black money or such products in its operations post the COVID 19 practices. This also makes sure the supply line and the money for the same are traced by the business and its operations are shared and made a part of the Business practice which has open sourcing and well-known funds coming to the business. Hence the Nation and the business operating there have to modify the sales and marketing outside the nation as well as in the nation. Such would make sure the business has no labor-related problems or any sign of oppression in its supply chain. Hence the business is well in its liberty to perform and practice that they do all across the various economies.