Sam,the Top Manager of TechPark,decides to Expand His Business Globally

question 6

Multiple Choice

Sam,the top manager of TechPark,decides to expand his business globally and creates a new market in Erbia,a neighboring country.Eventually,the company faces issues related to unskilled labor and poor resource positions such as unreliable highway systems and improper communication networks.From this scenario it can be inferred that Sam failed to focus on the _____ dimension of the external environment affecting business.

• A) socio-cultural
• B) political
• C) legal
• D) economic

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Definitions:

IQ Score

A numerical measure of a person's intelligence level, typically derived from standardized tests.

50th Percentile

A statistical measure indicating the value below which 50% of the observations in a group fall, often used to describe the median of a data set.

Deviation IQ Score

A measure of an individual's intelligence relative to the average IQ of the population, calculated as the deviation from the median IQ score.

Crystallized Intelligence

A type of intelligence characterized by acquired knowledge, skills, and experience, often increasing with age.