The Fact That Nigeria's Inflation Rate Has Dropped by Almost

question 34

Multiple Choice

The fact that Nigeria's inflation rate has dropped by almost 2.5 percent since the beginning of this decade would be what type of factor for a company that wanted to do business in that country?

• A)legal
• B)economic
• C)cultural
• D)technological

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Definitions:

Cash Collections

The process of gathering all cash payments received from customers as a result of sales or other transactions.

Uncollectible

Refers to debts or receivables that are deemed unrecoverable from debtors or customers, often written off as bad debts.

Sales

The entire income produced through the sale of products or services by a business.

Units Produced

The total quantity of items manufactured during a specific period.