40. differences such as insufficient electrical power and transportation systems
can present special problems for US firms when attempting to enter global markets
a. Physical and environmental
b. Legal and regulatory
c. Economic
d. Governmental

a. Physical and environmental

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Basically, physical and environmental differences such as insufficient electrical power and transportation systems can present special problems for US firms when attempting to enter global markets.

Hence, when businesses are attempting to enter into global markets, it should have reasonable amount of informations about the general cultural factors driving global business such as global social norms, global communication and transportation technologies and global knowledge base. When starting up a business with the intention to break into the global market successfully, it is important and necessary to ensure the general cultural factors driving a business are well managed.

Furthermore, the business should ensure it creates;

I. A medium for effective communication by using both the traditional and digital media such as television, radio, billboards, blogs etc.

II. Efficient means of transportation or logistics should be developed for smooth export of their goods and services.

answer; ///blank(1); rate-buster; blank(2) systematic soldiering;

answer; foreign exchange transaction;