Typically,the first step in the process of analyzing a nation's potential as a host for international business activity is to ________.

Question

Quizplus · Accepted Answer

Assessing the overall business climate is the first step in analyzing a nation's potential as a host for international business activity because it gives an overview of the economic situation, infrastructure, political stability, and other key factors that affect the ease of doing business in the country. Analyzing the religious environment, investigating corruption history, and evaluating the legal system are also important steps, but they usually come after an assessment of the business climate.

Typically,the First Step in the Process of Analyzing a Nation's