Conducting Business Internationally Rather Than in One Country Provides a Benefit

question 94

Multiple Choice

Conducting business internationally rather than in one country provides a benefit of greater _____ but this comes with a risk of facing:

• A) growth potential; unfavorable institutions.
• B) competition; reduced costs.
• C) cultural diversity; more potential customers.
• D) price variation; cost variation.

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Definitions:

Ultimate Causes

Fundamental reasons for behaviors or phenomena, often examined in evolutionary biology to understand why certain traits or behaviors have evolved.

Natural

Pertaining to phenomena, elements, or processes that occur in the natural world without human intervention.

Specific

Distinctively characterized by precise and distinct details or features.

Charles Darwin

was an English naturalist, geologist, and biologist, best known for his contributions to the science of evolution and for his proposition of natural selection as a mechanism for evolution.