[Solved] Writing a naked call is potentially riskier than writing a naked put. Technological Environment: The aspect of the external business environment that relates to the development, availability, and application of technology affecting businesses. Extensive Customization: Extensive customization refers to the process of tailoring products, services, or experiences to meet the specific needs or preferences of individual customers, often involving significant modifications. Global Trade: Refers to the exchange of goods, services, and capital across international borders, driven by the aim of accessing new markets and leveraging global efficiencies. Economic Communities: Groups of countries or regions that band together to form closer economic ties, typically through trade agreements and shared regulations.