Which of the Following Factors Determine the Value That an International

question 74

Multiple Choice

Which of the following factors determine the value that an international business can create in a foreign market?

• A) Population density in the foreign market
• B) Political stability of the foreign market
• C) Nature of indigenous competition
• D) Per capita income in the foreign market
• E) Type of political system in the foreign market

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Definitions:

Various Brands

A diversity of products or services offered under different trademarks by companies to cater to varying customer preferences.

Elastic Demand Curve

The elastic demand curve represents a situation where the quantity demanded for a good or service varies significantly as its price changes.

Fresh Fruit

Pertains to fruits that are in their natural state, not processed or preserved, and are consumed for their nutritional value and taste.

Gasoline

A volatile, flammable liquid derived from petroleum, primarily used as fuel in internal combustion engines.