A solid grasp of local values,customs,and traditions can help reduce a company's exposure to political risk.

Question

Quizplus · Accepted Answer

Understanding and respecting local values, customs, and traditions can help a company navigate political risk in foreign markets by avoiding actions that might offend or violate the norms of the host country. This can help build relationships with local stakeholders and minimize the likelihood of backlash against the company.

A Solid Grasp of Local Values,customs,and Traditions Can Help Reduce