Question

marcus's company began exporting their line of ski-wear to australia last year but soon realized that there was little need for the products in that country. why did this company's attempt to export fail? multiple choice question. lack of trade barriers lack of customization inadequate market analysis high consumer costs

Answer 1

Last year, Marcus' firm began exporting its brand of skiwear to Australia, but quickly learned that there was no demand for the items in that nation. Because of insufficient market research, this company's attempt to export failed. Thus, the right answer is inadequate market analysis.

What is inadequate market analysis?

A market study investigates the allure and dynamics of a certain market within a specific sector. It is included in the industrial analysis, and hence in the global environmental analysis. All of these evaluations can identify a company's strengths, weaknesses, opportunities, and dangers. Inadequacy refers to a company's present assets' inability to satisfy current or future production demands due to a lack of production capacity.

To learn more about market analysis, click

https://brainly.com/question/25640993

#SPJ1