Anchor Tractors focuses on selling its farm equipment in North America and Europe. It has not yet considered expanding into the Middle East. Which factor is likely most important in this decision regarding expansion?
A) geographic
B) political
C) demographic
D) personality
E) cultural

Question

Quizplus · Accepted Answer

Political factors such as stability, trade regulations, and government policies play a crucial role in international expansion decisions. The Middle East region is known for its political instability and geopolitical conflicts, making it a risky market for businesses to expand into. Therefore, Anchor Tractors may have considered the political situation in the region and decided not to expand there.

Anchor Tractors Focuses on Selling Its Farm Equipment in North