Case - Doing Business in Eritrea

question 31

Multiple Choice

Case - Doing Business in Eritrea
Eritrea is in Eastern Africa. Its size is slightly bigger than the state of Pennsylvania. Eritrea currently hosts a UN peacekeeping operation that is monitoring a 25 km-wide Temporary Security Zone on the border with Ethiopia. An international commission, organized to resolve the border dispute, posted its findings in 2002 but final demarcation is on hold due to Ethiopian objections. Since gaining its independence from Ethiopia on 24 May 1993, Eritrea has faced the economic problems of a small, desperately poor country. Like the economies of many African nations, the economy is largely based on subsistence agriculture, with 80 percent of the population involved in farming and herding. In 2004, it took 13.788 nakfa (the Eritrean currency) to get one U.S. dollar, and its per capita income was equal to 900 U.S. dollars. It has a total of 306 kilometers of railroad, 874 kilometers of paved roads, and four airports with paved runways. Its people speak a variety of languages including Afar, Arabic, Tigre and Kunama, Tigrinya, and other Cushitic languages. The Eritrean society is generous with whatever resources it has and its people place a high value on helping others.
-Refer to the scenario above.Eritrea would be classified as a(n) :

• A) risk aversive nation due to its security zone
• B) cultural oasis given the variety of languages spoken there
• C) stable country for operation
• D) LDC because of low per capita income
• E) LDC because its people are altruistic

Explain how antitussives decrease the cough reflex through central and peripheral nervous system actions.

Discuss the sedative/tranquilizing effects of certain medications on brain receptors to reduce tension and anxiety.

Illustrate how expectorants work to thin mucus and facilitate its removal, improving airway clearance.

Identify how antiemetics prevent or relieve nausea and vomiting by inhibiting neurotransmitter release.

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Definitions:

Strategic Management

Strategic management involves the formulation and implementation of the major goals and initiatives taken by a company's top management, based on consideration of resources and assessment of the internal and external environments.

Mergers and Acquisitions

The process where companies are combined or bought out to enhance competitive positioning, gain market share, or achieve synergies.

Different Types

Refers to various categories or varieties within a specific domain or context.

Merger

The combination of two or more companies into a single entity, with the goal of achieving synergies and improved competitive position.