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A Global Start-Up Faces Many Management Challenges Including

___________.
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Successful management of a global startup presents many challenges. Communication and coordination across time zones and cultures are always problematic. Since most global startups have far less resources than wellestablished corporations, one key for success is to internalize few activities and outsource the rest. Managers of such firms must have considerable prior international experience so that they can successfully handle the inevitable communication problems and cultural conflicts. Another key for success is to keep the communication and coordination costs low. The only way to achieve this is by creating less costly administrative mechanisms.
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