Why do many managers do little research before they enter a foreign market?
A)They possess a lack of sensitivity to differences in culture,consumer tastes,and market demands.
B)They have a limited appreciation for the different environments abroad.
C)Managers have a lack of familiarity with national and international data source and an inability to use international data once they are obtained.
D)Firms often build their international business activities gradually,frequently based on unsolicited orders.
E)All of these

Question

Quizplus · Accepted Answer

All of the options given are reasons why managers may not do enough research before entering a foreign market. They may lack sensitivity to cultural differences and market demands, have limited knowledge about foreign environments, struggle to gather and use international data, and gradually build their international business without fully researching each market.

Why Do Many Managers Do Little Research Before They Enter