It is important for the firm to adapt to the local business environment in order to serve the needs of local consumers.

Question

Quizplus · Accepted Answer

If the firm ignores the self-reference criterion and fails to adapt, then failure is likely to occur. Thus, it is important for the firm to adapt to the local business environment in order to serve the needs of local consumers.This is found in the "Self-Reference Criterion" section (1-5a).

It Is Important for the Firm to Adapt to the Local