"International businesses still greatly underestimate the strategic constraints and challenges formal and informal institutions represent in the specific countries and markets they want to operate in." Discuss this statement under the following heading, using illustrative examples throughout your answers. Certain analytical frameworks help the business practitioner to assess external environments and internal capakilities. Describe and assess the usefulness of PESTEL, CAGE and SWOT analysis.

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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"International businesses still greatly underestimate the strategic constraints and challenges
formal and informal institutions represent in the specific countries and markets they want to
operate in." Discuss this statement under the following heading, using illustrative examples
throughout your answers.
Certain analytical frameworks help the business practitioner to assess external
environments and internal capakilities. Describe and assess the usefulness of PESTEL,
CAGE and SWOT analysis.
Transcribed Image Text:"International businesses still greatly underestimate the strategic constraints and challenges formal and informal institutions represent in the specific countries and markets they want to operate in." Discuss this statement under the following heading, using illustrative examples throughout your answers. Certain analytical frameworks help the business practitioner to assess external environments and internal capakilities. Describe and assess the usefulness of PESTEL, CAGE and SWOT analysis.
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