A Business in a Developing Nation That Has Operated Locally

question 92

Multiple Choice

A business in a developing nation that has operated locally for many years has recently grown to a level that it is now making international deals. What is to be expected of that business?

• A) change to adopt the commons standards of the three Abrahamic faiths
• B) mimic the operational standards of much bigger corporations
• C) remain true to its informal ways for doing business even in the international marketplace
• D) change to adopt international standards for business

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Definitions:

Knowledge Base

A repository of information or data that is structured for easy retrieval and use to support users or systems.

Sensory Experiences

Perceptions or interactions with the environment through the senses, including sight, sound, smell, taste, and touch.

Innate Concept

A cognitive theory suggesting that some knowledge or concepts are inherent and not acquired through experience.

Justice

The principle of fairness and the moral rightness of actions and laws within society, often associated with the distribution of resources and treatment of individuals.