Which of the Following Terms Describes a Political Risk Arising

question 71

Multiple Choice

Which of the following terms describes a political risk arising out of the lack of uniform enforcement of existing rules governing business in a foreign country?

• A) Rule of 70
• B) Rule of law
• C) Rule of Anarchy
• D) Rule of embargo

---

Definitions:

Projected On-Hand Inventory

An estimate of the amount of stock that will be physically available in inventory at any given time, factoring in current stock levels, incoming supply, and outgoing orders.

MRP Logic

The set of principles and calculations used in Material Requirements Planning, aimed at ensuring the right materials are available for production at the right time.

Lot-For-Lot

An inventory management ordering policy where the order quantity is made exactly equal to the demand for the upcoming period.

Economical

Characterized by efficiency and avoidance of waste, in terms of both cost and resources.