Sam, the top manager of TechPark, decides to expand his business globally and creates a new market in Erbia, a neighboring country. Eventually, the company faces issues related to unskilled labor and poor resource positions such as unreliable highway systems and improper communication networks. From this scenario it can be inferred that Sam failed to focus on the _____ dimension of the external environment affecting business.

Sam, the top manager of TechPark, decides to expand his business globally and creates a new market in Erbia, a neighboring country. Eventually, the company faces issues related to unskilled labor and poor resource positions such as unreliable highway systems and improper communication networks. From this scenario it can be inferred that Sam failed to focus on the _____ dimension of the external environment affecting business.



a.
socio-cultural
b.
political
c.
legal
d.
economic


Answer: D


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