Question

A company with environmentally insensitive products requires​ ________.

A) more time considering the wants and needs of the local markets
B) more attention to​ country-specific economic conditions
C) more attention to​ country-specific cultural environment conditions
D) less time determining the unique conditions of local markets
E) more attention to the technological environment

Answer 1

A company with environmentally insensitive products needs to pay more attention to country-specific cultural environment conditions, considering factors beyond cost savings from weaker regulations.

Step-by-step explanation:

A company with environmentally insensitive products requires more attention to country-specific cultural environment conditions. This is because, while economic incentives to exploit weaker environmental regulations in low-income countries exist, these incentives are often not as compelling as other factors like labor costs, infrastructure quality, proximity to customers, and government competency. As environmental costs tend to represent only about 1 to 2% of a large industrial plant's expenses, it's more crucial for companies to consider the broader impacts of their location choices, including cultural and environmental sensibilities.