A Construction Firm in Singapore Decides to Enter the Indian

question 84

Multiple Choice

A construction firm in Singapore decides to enter the Indian market as part of its globalization program. After analyzing the communication, commerce, and transportation factors, the firm decides to independently invest in the new market. To establish itself in the market, the firm offers its exclusive services at a rate adjusted to suit the local market.
-In the context of country market assessment, which of the following factors has been analyzed by the construction firm by assessing the new market's communication, commerce, and transportation factors?

• A)Political environment
• B)Economic environment
• C)Sociocultural factors
• D)Technology and infrastructure capabilities
• E)Legal environment

---

Definitions:

Operation Of Law

Changes in rights or obligations that occur automatically due to established legal rules, without the need for action by the parties involved.

Bankruptcy

A legal process through which individuals or businesses unable to meet their financial obligations can seek relief from some or all of their debts.

Partnership By Estoppel

A legal doctrine that treats a non-partnership as if it were an actual partnership because third parties were misled to believe a partnership existed.

Delectus Personae

A legal principle emphasizing the importance of personal choice and trust in the selection of individuals to fulfill certain roles, especially in partnerships.