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Question : Case Study 9:

PQR Enterprises is a manufacturing company that has been impacted by a government policy change promoting liberalization, privatization, and globalization.

Q:- How can understanding the political environment help PQR Enterprises in dealing with the impacts of liberalization, privatization, and globalization?
 

 

 

Option 1: By seeking government subsidies

Option 2: By forming strategic alliances with foreign companies

Option 3: By expanding into new markets

 

Option 4: By increasing the number of employees


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: By forming strategic alliances with foreign companies


Solution : The correct answer is (B) By forming strategic alliances with foreign companies

Understanding the political environment can help PQR Enterprises in dealing with the impacts of liberalization, privatization, and globalization by enabling the company to form strategic alliances with foreign companies. In a globalized and liberalized economic environment, forming partnerships with international companies can provide access to new markets, technologies, and resources, and help PQR Enterprises navigate the changes in the business landscape.

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