What is the most important factor used by a globalizing company for determining whether a country or a region has an attractive business climate?
A)easy access to growing markets
B)marketplace metamorphosis
C)global synergy
D)a large,unskilled workforce

Question

What is the most important factor used by a globalizing company for determining whether a country or a region has an attractive business climate?
A)easy access to growing markets  
B)marketplace metamorphosis  
C)global synergy  
D)a large,unskilled workforce

Quizplus · Accepted Answer

Easy access to growing markets is a crucial factor for a globalizing company because it wants to expand its business to new markets and tap into the potential customer base. A favorable business climate in terms of market size, growth potential, and stability is essential for a company to make profitable investments and generate revenue. Other factors like infrastructure, political stability, technological advancements, and workforce skills are also crucial but access to growing markets is the most significant factor. Therefore, option A is the correct choice.

What Is the Most Important Factor Used by a Globalizing