Multiple Select Question
Select all that apply
What are the common reasons an international business without global agility might flounder?
Offering products that are popular at home but not in other cultures.
Retaining key aspects of the corporation's own culture while expanding abroad.
Miscommunicating due
e poor language translation.
Failing to realize that a product already exists in other countries.

Question

17-05-2024
Business

Answered

Multiple Select Question
Select all that apply
What are the common reasons an international business without global agility might flounder?
Offering products that are popular at home but not in other cultures.
Retaining key aspects of the corporation's own culture while expanding abroad.
Miscommunicating due
e poor language translation.
Failing to realize that a product already exists in other countries.

Answer :

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Final answer:

Failing to adapt products, communication issues, and overlooking existing market competition are common reasons for international businesses without global agility to flounder.

Explanation:

Global Agility in International Business

1. Offering products that are popular at home but not in other cultures: Failing to understand and adapt to the unique preferences and needs of different markets can lead to failure.

2. Miscommunicating due to poor language translation: Communication barriers can hinder effective business operations and lead to misunderstandings.

3. Failing to realize that a product already exists in other countries: Neglecting market research and competition analysis can result in entering saturated markets unintentionally.

Learn more about Global market challenges here:

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