The World Bank reports that 60 percent of the world’s GDP comes from imports and exports. Clearly, today’s economy thrives on a global scale. Such vast economic activity, coupled with innovation that has improved both communication and transportation, has made it easier and more appealing than ever for domestic companies to expand into international markets. However, even with increased opportunity and expanded capabilities, international expansion is not without its challeng

James Oldroyd is a professor of strategy at Brigham Young University. He specializes in how people share knowledge, how timing matters in the business cycle, and how entities interact in a global environment. After receiving a Ph.D. from Northwestern University, he taught for five years at SKK-GSB in Korea and three years at Ohio State University. In addition to his current role at BYU, advising the iHub initiative, and hosting his own podcast titled The Top Three Things, he