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Evaluating Political, Social, and Economic Conditions

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Why is it important to evaluate the political, social, and economic conditions of a country before investing in that country?

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This solution provides an explanation of the political, social, and economic conditions of a country.

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"The remote environment comprises factors that originate beyond and usually irrespective of, any single firm's operating situation: (1) economic, (2) social, (3) political, (4) technological, and (5) ecological factors." (Pearce, 2004, p.79) Globalization presents a new series of challenges for organizations in that not only does ...

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