As Noted in Strategy Highlight 3

question 36

Multiple Choice

As noted in Strategy Highlight 3.1,UBS is a Swiss banking institution that provided tax savings to U.S.clients until the U.S.government took action against UBS.Which of the following is true?

• A) Political factors can remove a firm's competitive advantage(s).
• B) Barriers to entry can be created through political factors.
• C) Political factors can influence a firm's ability to differentiate its product.
• D) All of these.

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Definitions:

Dowries

Property or money brought by a bride to her husband on their marriage, typically in cultures where this practice is traditional.

Customs

Traditional practices and behaviors that are characteristic of a particular community, society, or culture.

Mate Selection

The process by which individuals choose a partner with whom to form a romantic relationship or marriage, based on various factors such as personal preferences, social standards, and evolutionary influences.

Acquaintance Rape

Unwanted and forced sexual intercourse of a person who knows or is familiar with the rapist.