Examlex
To decide what new products to come out with or what old products to improve,businesses rely on:
Geographic Proximate
The physical closeness or distance of places or entities, influencing interactions and relationships due to location.
Administrative Differences
Variations in the organization, procedures, or policies between different businesses, governments, or institutions.
Liability of Foreignness
The disadvantages or additional costs that firms operating outside their home countries incur, compared to local firms.
Natural Resources
Materials or substances that occur in nature and can be used for economic gain, such as minerals, forests, water, and fertile land.
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