Chinese pirating of products is an external threat
A) affecting only a handful of firms.
B) affecting many firms.
C) amusing the majority of firms.
D) that does not affect any U.S. firms.
E) of little consequence.

Question

Quizplus · Accepted Answer

Chinese pirating of products is a significant problem that affects many firms. It is estimated that pirated goods from China cost companies billions of dollars in lost profits annually. This is a serious external threat that affects the competitiveness of many firms in the global market.

Chinese Pirating of Products Is an External Threat