Which of the Following Is the Basic Requisite for the Development

question 19

Multiple Choice

Which of the following is the basic requisite for the development of a supranational market arrangement?

• A) Political amenability among countries
• B) Business strategy sharing
• C) Adoption of common cultural prejudices
• D) Protection of the market by exercising boycotts
• E) Regulation of demand by increasing tariffs

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Definitions:

Public Relations

The process of controlling and distributing information from a person or organization to the public in order to shape their perspective.

Economic

Pertaining to the production, consumption, and transfer of wealth in a society, often analyzed in terms of economies of scale, market trends, and financial health.

Philanthropic

Related to the act of donating money, goods, services, and time to support the welfare of others or contribute to the public good, often through charities or nonprofit organizations.

Corporate Social Responsibility

A business model that helps a company be socially accountable—to itself, its stakeholders, and the public—by practicing sustainable business practices and ethical standards.