A USExecutive in Namibia in Africa Experienced Trouble Negotiating a Franchise

question 72

Multiple Choice

A U.S.executive in Namibia in Africa experienced trouble negotiating a franchise deal with local investors because the electricity was constantly shutting off.One of the investors was unable to attend the meeting because there is so little public transportation in the country.These problems indicate a problem with Namibia's:

• A)demographic environment.
• B)economic infrastructure.
• C)balance of payments.
• D)cultural system.
• E)advertising system.

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Definitions:

Substantial

of considerable importance, size, or worth; significant.

Refurbish

The process of cleaning, renovating, or updating an item, particularly to restore it to a good condition or improve its functionality.

Terminated

Brought to an end or concluded, which can apply to contracts, employment, or any other agreement.

Security Company

A business that provides services related to the protection of physical property and assets, including surveillance, alarm systems, and private security personnel.