Examlex
Which of the following strategies for competing in the global markets involves the lowest risk and offers the lowest profit potential?
Technological Environmental Force
Influences in the business environment resulting from changes in technology, impacting how products are produced, marketed, and distributed.
Social Force
Factors arising from societal norms and cultural values that influence individuals' behaviors, attitudes, and interactions within a community.
Environmental Scanning
The systematic process of collecting, analyzing, and using information about external events and trends which can influence an organization's decision-making process.
Potential Trends
Emerging or possible directions in which a given market, technology, or behavior might develop in the future.
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