ENTREPRENEURIAL PLANNING
MARKETING PLAN DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a technological factor in international marketing?
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The political climate
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The economic conditions
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The level of education
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The level of technological development
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Explanation:
Detailed explanation-1: -Technological factors: These can include the level of innovation, automation and other factors, as explained above. Legal factors: These can include tax policy, industry regulation, health and safety laws and employment laws.
Detailed explanation-2: -Level of technological developments in the country as a whole and specific business sector. Pace of technological changes and obsolescence. Sources of technology. Facilities and restrictions for technology transfer. Time taken for the absorption of technology. 28-Apr-2022
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