The first stage of any analysis when deciding to enter a foreign market is to examine the broader economic indicators to obtain an impression of the type of economy the firm is considering undertaking business in, its economic potential and its ____________.

Question

Quizplus · Accepted Answer

The correct answer is C) degree of risk. This is because when entering a foreign market, it's crucial to understand the economic environment, including potential risks such as political instability, currency fluctuations, and regulatory challenges. These factors can significantly impact the success of a business venture in a new market.

The First Stage of Any Analysis When Deciding to Enter