What type of skill is needed to understand foreign markets,cultural differences,and motives of foreign rivals?
A) Technology
B) Strategic management
C) Decision making
D) Conceptual
E) Global management

Question

Quizplus · Accepted Answer

Understanding foreign markets, cultural differences, and motives of foreign rivals requires knowledge and expertise in global management. This involves being able to navigate diverse cultural norms, understand the nuances of different marketplaces, and make informed decisions based on the unique challenges presented by operating in a global context. Technology, strategic management, decision making, and conceptual skills may also be valuable, but they are not specifically tailored to the demands of operating in foreign markets.

What Type of Skill Is Needed to Understand Foreign Markets,cultural