A Micro-Assessment of Country Risk

question 5

Multiple Choice

A micro-assessment of country risk:

• A) is adjusted for the particular business of the firm involved.
• B) excludes all aspects relevant to a particular firm or project.
• C) A and B
• D) none of the above

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Definitions:

Economic Responsibility

The obligation of an organization or individual to act in ways that are financially beneficial and not harmful to the economy.

Minimum Ethically Required

The lowest standard of behavior expected of individuals or organizations, based on ethical principles and societal norms.

Social Responsibility

The obligation of individuals and organizations to act in ways that benefit society at large, often beyond legal or financial requirements.

Defensive Strategy

Business tactics aimed at protecting the company's market share, revenue, and profits from competitors or changing market conditions.