For an international firm, changes in the environment are more active than for a firm that only competes in a single market.

Question

Quizplus · Accepted Answer

An international firm operates in multiple markets which exposes it to various laws, regulations, cultural differences, and economic conditions. Therefore, it has to adapt to changes in the environment of different markets simultaneously, making changes more active for it than a firm that competes in a single market.

For an International Firm, Changes in the Environment Are More