Which of the Following Is a Component of the Political/legal

question 71

Multiple Choice

Which of the following is a component of the political/legal environment of a country?

• A)attitudes toward multinational companies
• B)ethics and moral standards
• C)stage of economic development
• D)norms, customs, and taboos
• E)employment rate and occupation distribution

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Definitions:

Discount Rate

The interest rate charged by central banks on loans extended to financial institutions or the rate used in discounted cash flow analysis to determine the present value of future cash flows.

Acquire a New Customer

The process of attracting and converting prospects into someone who makes a purchase and becomes a client of the business.

Existing Customer

An individual or business that has previously purchased goods or services from a company, distinguishing them from new or potential customers.

Frederick Reichheld

A business strategist best known for his work on customer loyalty, including the development of the Net Promoter Score (NPS) as a measure of customer loyalty and satisfaction.