Question: Global Light Bearera Limised [ GLBL is considering antaring a new marbet in a foreign country. After conducting a Portar's Diamond anabsis, they found that
Global Light Bearera Limised GLBL is considering antaring a new marbet in a foreign country. After conducting a Portar's Diamond anabsis, they found that the relatod and supporting for their operations. However, the countrys domand condsons for their product are low. Acrording to Porter's Diamond, whet is the Eikely implication of this armalysis?
GLBL should prioritise the new market entry as the supporting industries are strong.
GLBL should seek government support to improve the demand conditions.
GLBL should reconsider entering the market due to low demand conditions.
GLBL should focus on exporting rather than establishing local operations.
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