An uncontrollable aspect of the domestic environment that can have a direct effect on the success of a foreign venture is:

level of technology. structure of distribution. economic climate. cultural forces. geography and infrastructure.

Question

Business

Ashtyn Shelton

22 June, 15:16

An uncontrollable aspect of the domestic environment that can have a direct effect on the success of a foreign venture is:

level of technology. structure of distribution. economic climate. cultural forces. geography and infrastructure.

+2

Answers (1)

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Santiago Black · Answer 1

Answer: Economic climate

Explanation: In simple words, the view of economists, businesses and investors on the economic conditions of a country is its economic climate. It constitutes factors such as job market, stock market and credit availability etc.

These factors are domestic and could not be controlled by any authority completely. The fluctuations in such factors exist in every economy.

These factors could affect any venture from foreign. The needs of resources for such a venture like capital or customers etc is highly dependent on the constituents of economic climate.

Thus, the correct answer is economic climate.

An uncontrollable aspect of the domestic environment that can have a direct effect on the success of a foreign venture is:level of technology. structure of distribution. economic climate. cultural forces. geography and infrastructure.

An uncontrollable aspect of the domestic environment that can have a direct effect on the success of a foreign venture is:

level of technology. structure of distribution. economic climate. cultural forces. geography and infrastructure.