The Difficulties of Managing International Business Operations Stem from Three

question 36

Multiple Choice

The difficulties of managing international business operations stem from three special issues.Which of the choices below is NOT one of these?

• A)Political risk
• B)Differences in business practices
• C)Social fads
• D)Cultural differences

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Definitions:

Common Law

The body of law derived from judicial decisions and customs, as opposed to statutes or written legislation.

Case Law

The body of past judicial decisions from courts establishing legal precedents for future cases.

Negotiation

The process of discussing something with another party to reach a mutually agreeable outcome or deal.

Coercion

The practice of persuading someone to do something by using force or threats.