A U.S. executive had no idea the Germans tend to be very risk-averse. When he arrived at a meeting in Berlin, he simply stressed the price of his firm’s products without emphasizing their bottom-line benefits, promoting the company’s strong service support, or guaranteeing their effectiveness. As a result, the multimillion dollar deal failed. The U.S. executive overlooked the importance of which environmental factor?

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A U.S. executive had no idea the Germans tend to be very risk-averse. When he arrived at a meeting in Berlin, he simply stressed the price of his firm’s products without emphasizing their bottom-line benefits, promoting the company’s strong service support, or guaranteeing their effectiveness. As a result, the multimillion dollar deal failed. The U.S. executive overlooked the importance of which environmental factor?