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Propose and compare TWO factors that could influence internal forecasting, as your company prepares to venture into the international market. ?

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User Snowguy
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Final answer:

Market trends and political stability are two factors that could influence internal forecasting as a company prepares to venture into the international market.

Step-by-step explanation:

Two factors that could influence internal forecasting as your company prepares to venture into the international market are market trends and political stability.

Market trends refer to the direction in which the market is moving. By analyzing market trends, your company can gain insights into the demand for your products or services in the international market. For example, if there is an increasing demand for sustainable products, your company can tailor its forecast accordingly.

Political stability is another important factor to consider. A country with a stable political environment is less likely to experience sudden policy changes or disruptions to business operations. This stability provides a more predictable business environment, allowing for more accurate internal forecasting.

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User Kotrfa
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