For firms competing in worldwide markets, conducting __________________ is more complex, since what works in one country or region might not work in another.
A)Productivity analysis
B)Environmental analysis
C)Strategy implementation
D)Sustainability analysis
E)Growth forecasting

Question

Quizplus · Accepted Answer

Environmental analysis is the process of analyzing the external environment of a firm, including factors like political, economic, social, and technological factors. For firms competing in worldwide markets, conducting environmental analysis is important to understand the differences in regulations, cultural norms, and other factors that can impact product demand and success. This analysis is more complex since what works in one country or region might not work in another.

For Firms Competing in Worldwide Markets, Conducting __________________ Is More