In Decision-Making, Fixed Factors That Affect the Result Variables but Are

question 25

Short Answer

In decision-making, fixed factors that affect the result variables but are not manipulated by decision maker are called ________ variables.

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Definitions:

Distributor

A merchant who purchases goods from a seller for resale in a foreign market.

GATT

The General Agreement on Tariffs and Trade, a multilateral treaty aimed at reducing trade barriers and promoting international trade through the elimination of or reduction in tariffs, quotas, and subsidies.

Tariffs and Trades

Government-imposed taxes on imported goods, often used to control trade balances and protect domestic industries.

Self-executing

describes a document, rule, or law that becomes effective immediately without the need for any additional action, enforcement, or formal ratification.