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Read the following scenario and then answer the associated question. The Nordic countries of Norway, Denmark, and Sweden are home to powerhouse companies such as
Read the following scenario and then answer the associated question.
The Nordic countries of Norway, Denmark, and Sweden are home to powerhouse companies such as Novo Nordisk, a Danish company that produces half the leader in hearing aids; and Swedish retail giants IKEA and H&M However, these companies were founded decades ago and they now struggle to find new wa world. Moreover, most of the major Nordic companies are nontechnology based, which may seem like a disadvantage; however, one of the major reasons for global." Because these countries are very small, they need to compete in the global marketplace from the beginning to have any chance at success.
You are a young Danish entrepreneur in the beginning stages of launching your new business in the toy industry. What specific skills will you need to have or your chances of success? Select all that apply.
a A deep understanding of the toy industry by having worked in it
b An understanding of what made the established Nordic companies successful in the beginning.
c An understanding of global markets, how they work, and where to start.
d A network of people who can help you.
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