The first stage of any analysis when deciding to enter a foreign market is examining the broader economic indicators to obtain an impression of the type of economy the firm is seeking to undertake business in,its economic potential and its ______.

Question

Quizplus · Accepted Answer

Examining the broader economic indicators can help the firm assess the degree of risk involved in entering a foreign market. While managerial skills, financial standing, and competitors are important factors to consider, they are not specifically related to the broader economic indicators mentioned in the question.

The First Stage of Any Analysis When Deciding to Enter