Which of the following variables is frequently overlooked when deciding on entry strategies and alliances, particularly when the target country is perceived to be similar to the home country?
A)political stability
B)culture
C)currency stability
D)competition

Question

Quizplus · Accepted Answer

Culture is frequently overlooked when deciding on entry strategies and alliances, particularly when the target country is perceived to be similar to the home country. Companies often assume that because the countries share the same language or have similar economic systems, their cultures will also be similar. However, cultural differences can have a significant impact on business practices and strategies, and failing to take them into account can lead to miscommunication or misunderstandings. Political stability, currency stability, and competition are important factors to consider as well, but they are typically not overlooked to the same extent as cultural differences.

Which of the Following Variables Is Frequently Overlooked When Deciding