Why is crafting a strategy to compete in one or more foreign markets inherently complex?

Question

Quizplus · Accepted Answer

Crafting a strategy to compete in one or more foreign markets is complex because there are various factors that affect industry competitiveness that vary from country to country, and there may be potential location-based advantages in certain countries. Additionally, government policies and economic conditions can make the business climate more favorable in some countries than others, and there is always a risk for shifts in currency exchange rates. Therefore, all of these factors contribute to the complexity of crafting a strategy to compete in foreign markets.

Why Is Crafting a Strategy to Compete in One or More