The Global Business Environment Consists of Four Distinct Elements: the Forces

question 9

Multiple Choice

The global business environment consists of four distinct elements: the forces of globalization,national business environments,the international business environment,and ________.

• A) domestic investment opportunities
• B) technological innovation
• C) international firm management
• D) multinational corporations

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Definitions:

Voters

Individuals who are eligible and participate in the process of electing leaders or deciding on public policy issues.

Government Activity

Actions or operations carried out by the government in order to provide public goods and services, regulate the economy, and support societal welfare.

Rent-Seeking Activity

The practice of gaining economic advantage without reciprocating any benefits back to society through wealth creation.

Redistribute Income

The transfer of income from certain individuals or groups to others through mechanisms like taxes and welfare programs aimed at lessening income inequality.