Once a Firm Has Done an Analysis of the Most

question 70

Multiple Choice

Once a firm has done an analysis of the most viable markets for its products, then it must next

• A)determine the competition and develop strategies to overcome it.
• B)conduct an internal assessment of its capabilities.
• C)conduct an external analysis of the target market's economy, culture, and regulatory barriers.
• D)develop a product to meet the needs of those markets.
• E)achieve success with the product in its home market.

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Definitions:

Vagus Nerve

The tenth cranial nerve, which is a long and complex nerve extending from the brainstem to the abdomen, involved in controlling the heart, lungs, and digestive tract, as well as mediating visceral reflexes and sensations.

Sympathetic Innervation

Part of the autonomic nervous system that generally stimulates the body's fight-or-flight response, increasing heart rate and blood flow, among other functions.

Adrenal Medulla

The inner part of the adrenal gland that secretes adrenaline and noradrenaline, involved in the body's response to stress.

Splanchnic

Pertaining to the viscera or internal organs, especially those of the abdominal cavity.