Institutional Differences Refer to Differences in The

question 21

Multiple Choice

Institutional differences refer to differences in the:

• A)political systems of two countries.
• B)languages of two countries.
• C)climates of two countries.
• D)natural resources of two countries.
• E)social norms of two countries.

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Definitions:

Business Intelligence

The strategies and technologies used by enterprises for data analysis of business information to support better business decision making.

Competitive Environments

Market situations where businesses compete against each other to attract customers and achieve higher sales.

Drug Store Chains

Drug store chains refer to a group of retail pharmacies that operate multiple outlets under the same brand, offering medications, health products, and other consumer goods.

Health Care Clinics

Medical facilities offering outpatient services for the diagnosis and treatment of various health conditions.