Scenario: Susan Goes Global with Grape Fizz

question 87

Multiple Choice

Scenario: Susan Goes Global with Grape Fizz
Susan is the CEO of Grape Fizz, a global drinks-manufacturing company. She wishes to set up production facilities in other countries and has been advised to assess the political system of each country before she does so.
-Susan decides not to set up production facilities in Konesia because its business laws are vague and are often interpreted according to the convenience of the government.Bribery is a common feature in conducting business deals there and a refusal to pay up is not an option.What kind of government does Konesia have?

• A) democratic
• B) theocratic
• C) totalitarian
• D) pluralist

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Definitions:

Economic Growth

An increase in the capacity of an economy to produce goods and services, compared from one period of time to another.

Emerging Economies

Countries with developing industrial bases, experiencing rapid economic growth and increasing involvement in the global market.

NICs

Stands for Newly Industrialized Countries, which are nations experiencing rapid economic growth and industrialization.

LDCs

Least Developed Countries (LDCs) are low-income countries confronting severe structural impediments to sustainable development, often characterized by weak socioeconomic indicators.