Which of the Following Is One of the Factors That

question 9

Multiple Choice

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

• A)The product's success in the home market
• B)The availability of raw material
• C)The inflation rates in the country
• D)The suitability of its product offering to that market

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Definitions:

Capitalism

An economic system where private individuals own and control trade and industry instead of the state.

Private Ownership

The legal right of a person or corporation to exclusively possess, control, and dispose of property or goods.

Classless Society

An envisioned social state without economic divisions or disparity where all individuals have equal status and opportunities.

Communism

A political and economic ideology advocating for a classless system where the means of production are owned communally and private property is nonexistent or severely curtailed.