Explain the Factors That Affect Consumers' Search Processes

question 103

Essay

Explain the factors that affect consumers' search processes.

---

Definitions:

Direct Foreign Investment

An investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.

World Bank

A bank that lends (and guarantees loans) to developing countries to assist them in increasing their capital stock and thus in achieving economic growth.

Last-Resort Lending Agency

An institution, typically a country's central bank, that offers loans to banks or other eligible institutions that are experiencing financial difficulty or are considered highly risky.

Natural Resources

Resources that are found in nature and can be used for economic gain, such as minerals, forests, water, and fertile land.