Scenario: Susan Goes Global with Grape Fizz

question 16

Multiple Choice

Scenario: Susan Goes Global with Grape Fizz
Susan is the CEO of Grape Fizz, a global drinks-manufacturing company. She wishes to set up production facilities in other countries and has been advised to assess the political system of each country before she does so.
-Susan also decides not to set up production facilities in Margazo,a country which functions by a strict set of religious tenets,because some of them contradict her company's work policy.Expecting potential employees to break away from these traditions is not an option since religion plays an important role in the functioning of the nation.What kind of political system prevails in Margazo?

• A) pluralistic
• B) theocracy
• C) tribal totalitarian
• D) democracy

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Definitions:

Long-Run Aggregate Supply Curve

A graphical representation showing an economy's potential output when all prices, including wages, can fully adjust to changes in the economic environment.

Business Taxes

Taxes that are required to be paid by businesses based on their income, property, and sometimes their sales.

Agricultural Output

The total quantity of agricultural products produced and harvested in a given period.

Oil Embargo

An official ban on the trade of oil with a particular country or countries, often imposed by one or more countries as a form of economic sanction.