Which of the Following Is a Risk That Firms Must

question 118

Multiple Choice

Which of the following is a risk that firms must consider prior to expanding abroad?

• A) The domestic consumers prefer low-priced products.
• B) The market in the foreign country may be too similar to the domestic market.
• C) Consumers in the foreign country are very particular about the quality of the goods they consume.
• D) The foreign country has very low pollution control standards.
• E) The foreign country's business culture may be too different from the domestic country.

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Definitions:

Physiological Needs

Basic physical requirements for human survival and health, such as air, water, food, shelter, and sleep.

Social Perceptiveness

The ability to accurately interpret and understand others' emotions, motives, and actions within a social context.

Behavioral Flexibility

The ability to adapt one's behavior and approach in different situations to effectively meet various challenges or interact with different personalities.

Social Intelligence

The ability to understand and manage interpersonal relationships and dynamics effectively.