DISCUSSION: Social and cultural environments; political, legal and regulatory environments
1. Do you agree or disagree with this statement? A person's perception of market needs is framed by his/her culture. Briefly explain why you chose that answer.
2. In your opinion, what is the most significant issue that can lead to a legal problem or issue for a global company? Provide an example to substantiate your answer.
3. In your opinion which of these statements is more correct? Briefly explain why you chose that answer.
a. When determining what toys to sell to young children, culture plays an important role.
b. When determining what toys to sell to young children, culture does not play an important role.