When Preparing to Go Global,which of the Following Would an Entrepreneur

question 4

Multiple Choice

When preparing to go global,which of the following would an entrepreneur need to consider when pursuing growth and expansion?

• A)Macro level market attractiveness,basic fit,economic environment or market indicators,political legal environment,risk and regulation,financial environment,socio-cultural environment,market potential and industry attractiveness,economical market conditions,competitors,political and legal,infrastructure and physical/geographic
• B)Competition,market share and legal environment
• C)Micro level market attractiveness,local economic market indicators,politics and safety in the region,financial environment,socio-cultural environment,market exploitation,industry attractiveness,infrastructure and geographical location
• D)Competition,market share,export licence,legal environment and socio-cultural aspects

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Definitions:

Direct Export

The sale of goods and services from the manufacturer or producer directly to a buyer in another country.

International Legal Environment

The complex framework of laws, regulations, and treaties that govern international business transactions and relations.

Precautions

Measures taken in advance to prevent potential dangers or problems.

Economic Espionage Act

A U.S. law that makes the theft or misappropriation of a trade secret a federal crime when intended to benefit a foreign government, foreign instrumentality, or foreign agent.