Which of the following is a factor that is likely to push a company to decide NOT to enter international markets?
A) The company's home market is stagnant.
B) The company would have to redesign its products.
C) The company needs to counterattack international competitors in their home markets.
D) Foreign markets present higher profit opportunities.
E) Global competitors have offered similar products at lower prices.

Question

Quizplus · Accepted Answer

If a company would need to redesign its products in order to meet the needs of the international market, this could be costly and time-consuming. This factor may make the company decide it's not worth entering international markets.

Which of the Following Is a Factor That Is Likely