Christopher Electronics plans to expand into foreign markets.Top executives want the firm to focus only on locations where the rule of law prevails.Which of the following should most likely be considered by Christopher?
A) wealthier, westernized countries
B) developing, non-Western countries
C) emerging economies experiencing rapid growth
D) countries inclined toward totalitarian-style government

Question

Quizplus · Accepted Answer

Wealthier, westernized countries are more likely to have established and stable systems of law and order, making them a safer bet for a business looking to expand into foreign markets. This reduces the likelihood of legal or ethical issues arising that could threaten the company's reputation or profitability. Developing and emerging economies may not have robust legal systems or may be subject to corruption, making them riskier for businesses to operate in. Countries with totalitarian-style governments may also have unpredictable or unstable legal environments, making them less attractive options.

Christopher Electronics Plans to Expand into Foreign Markets