Which of the following best describes the purpose of using of an opportunity-risk matrix for comparing countries?
A) narrow alternatives so decision makers can make a detailed analysis of the strongest candidates
B) eliminate countries that have specific unacceptable conditions
C) determine whether to use a concentration versus diversification strategy for international expansion
D) estimate where competitors are most likely to globalize

Question

Quizplus · Accepted Answer

The purpose of an opportunity-risk matrix is to narrow down the alternatives so that decision makers can make a detailed analysis of the strongest candidates. It helps in identifying which countries offer the best opportunities while also evaluating the risks associated with international expansion. It is a tool for comparing and evaluating different countries, not specific conditions within a country or competitors' globalizing strategies.

Which of the Following Best Describes the Purpose of Using