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

question 96

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:

Business Combination

A transaction or other event in which an acquirer gains control over one or more businesses.

Consolidated Balance Sheet

A financial statement that combines the assets, liabilities, and equity of a parent company and its subsidiaries into one document.

Noncontrolling Interest

A minority interest in a subsidiary that is not owned by the parent company, representing shareholders' equity in subsidiaries not attributable, directly or indirectly, to a parent.

Foreign Currency

The money or legal tender issued by a country's government, which is used and traded internationally outside of the issuing country.