A Lack of Trust Between Two Parties Engaged in International

question 72

Multiple Choice

A lack of trust between two parties engaged in international trade is exacerbated by the

• A)saturation of the domestic market.
• B)similar preferences of the parties regarding how a transaction should be configured.
• C)narrowing distance between the two parties due to technological advances.
• D)problems of using an underdeveloped international legal system to enforce contractual obligations.
• E)possibility of doing business with someone with whom they have been associated for a long time.

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Definitions:

Organisational Structures

The system of tasks, workflows, reporting relationships, and communication channels that link the diverse parts of an organization.

Core Principle

A fundamental belief or guideline that serves as the foundation for a system, program, or organization's operation.

Visionary Leadership

Involves leading an organization towards a unique and inspiring vision of the future, often characterized by innovation and risk-taking.

Coercive Power

The ability of a person to influence others' behavior by punishing or threatening punishment if they do not comply with demands or expectations.