Q.4. Comments on the following:. I. Demographic environment does not influence the international Business decisions.
Answers
Demographic environment does not influence the international Business decisions. The given statement is true. But you know that the main aim of selling the international products are getting a static market for the product.
Many other factors that influence international trade are trade tariff of the product. The democratic environment cannot influence it.
Describing demographic influence, it means when the demographic influence is good then the products will sell in a good pace.
The statement is true as the demographic environment does not influence international business decisions.
They are mainly dependent on the political environment analysis, economic environment of a country, legal environment, technological environment, and social environment. Global business decisions are made based on these factors and not on demographics as the man objective is to enter into a new global market.