Sam, the top manager of TechPark, decides to expand his business globally and creates a new market in Erbia, a neighboring country. Eventually, the company faces issues related to unskilled labor and poor resource positions/infrastructure, such as unreliable highway systems and improper communication networks. From this scenario, it can be inferred that Sam failed to focus on the _____ dimension of the external environment affecting business.
A) sociocultural
B) political
C) legal
D) economic

Question

Quizplus · Accepted Answer

The scenario mentions issues related to unskilled labor and poor resource positions/infrastructure, such as unreliable highway systems and improper communication networks, which are economic factors that affect business. It suggests that Sam failed to focus on the economic dimension of the external environment of the new market in Erbia. The sociocultural, political, and legal dimensions are not mentioned as causing issues for the company in this scenario.

Sam, the Top Manager of TechPark, Decides to Expand His