brough American notions of DIY when entering the market in China, where people are not used to do this type of work because labor is so cheap that most people simply hire a handyman. when going Therefore, the company is an example of failure in understanding the global. O Technological Forces O Economic Forces O Sociocultural Forces O Community Forces

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter8: Strategic Analysis: Understanding A Firm’s Competitive Environment
Section8.4: A Firm's Micro Environment: Porter's Five Forces
Problem 1CC: Describe each of Porters Five Forces. What information does each provide a manager trying to...
icon
Related questions
Question
Home Depot brough American notions of DIY when entering the market in China, where people are
not used to do this type of work because labor is so cheap that most people simply hire a handyman.
Therefore, the company is an example of failure in understanding the
when going
global.
O Technological Forces
O Economic Forces
O Sociocultural Forces
O Community Forces
Transcribed Image Text:Home Depot brough American notions of DIY when entering the market in China, where people are not used to do this type of work because labor is so cheap that most people simply hire a handyman. Therefore, the company is an example of failure in understanding the when going global. O Technological Forces O Economic Forces O Sociocultural Forces O Community Forces
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Management
Principles of Management
Management
ISBN:
9780998625768
Author:
OpenStax
Publisher:
OpenStax College
Contemporary Marketing
Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning