A company is most likely doomed to failure in a foreign country if it__________
Fill in the blanks with correct word.
ANSWER: does not understand the country's culture
Central to any society is a common set of values shared by its citizens that determines what is socially acceptable and what is not. A company that does not understand a country's culture is doomed to failure in that country. Cultural blunders lead to misunderstandings and often perceptions of rudeness and even incompetence.
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What will be an ideal response?
All of the following are key metrics for market analysis of new ventures, EXCEPT:
A. current market environment B. industry assessment C. existing customer assessment D. customer profile E. market fit assessment