Gabriella is a manager at Ivory Inc., an Australian footwear brand. She proposes that by engaging in business in the United States, Ivory can increase its sales. She suggests that by conducting a PEST analysis, Ivory can gain insights about the business environment in the United States. Which of the following is an economic factor that Ivory should take into consideration in its PEST analysis?
A) Local competition in the United States
B) Government efficiency in the United States
C) Offshoring backlash in the United States
D) Advancement of infrastructure in the United States
Correct Answer:
Verified
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