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A multinational enterprise doing business in Nigeria decided to change the labeling on its product to conform to local customs and preferences. What type of competitive pressure did this company experience?
Region Success Factors
Key elements that contribute to the achievement or performance within a specific geographical area or region.
Key
An essential element or a device used to open locks, regarded metaphorically as a crucial component or part of a larger system.
Political Risk
The potential for losses or other negative impacts to a business resulting from political changes or instability within a country.
Governmental Attitudes
The stance or policy approach adopted by a government towards a particular issue or sector.
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