Global Business Drivers Can Be Divided into Two Groups: General

question 12

True/False

Global business drivers can be divided into two groups: general cultural factors and specific business factors.

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Definitions:

APS

Acronym for Average Propensity to Save, which is the proportion of income which is saved, usually expressed as a percentage of total household income.

Disposable Income

The sum available for household consumption and saving after the reduction of income taxes.

Consumption

The total value of goods and services used by households and non-profit institutions serving households, excluding purchases of dwellings.

Saving

The act of setting aside money for future use, often by depositing it in a bank or investing in assets.