Question

What is essential for large organizations operating in a global market to attract foreign investors and clients?

• A. Aggressive marketing campaigns
• B. Strong corporate governance
• C. Lowering product prices
• D. Exclusive distribution channels

Answer 1

Answer:

B. Strong corporate governance

• Trust and Reliability: Foreign investors and clients need assurance that an organization is managed ethically and responsibly. Strong corporate governance, which includes transparent financial reporting and accountability, builds the trust needed to attract these international partners.

• Adherence to Regulations: Global markets have strict rules and regulations. Good governance ensures a company complies with these standards, reducing legal and financial risks for foreign stakeholders.

• E-governance as a Tool: E-governance provides the digital infrastructure to achieve this level of transparency and compliance efficiently, making it a critical tool for any company seeking to thrive in a global marketplace.