Examlex
Due to a recent relaxation in the pollution control laws by the government, Alpha Motors has reduced the production of its electric-powered cars.The company is responding to a change in which of the following macroenvironmental forces?
Financial Liability
Any kind of obligation or responsibility to pay money to another party, including loans, accounts payable, and mortgages.
Intellectual Property
Legal rights that are granted to inventors and creators over their inventions, designs, and artistic works.
Wholly Owned Subsidiary
A new legal entity set up for operation in a foreign market that is legally a separate company but is fully owned by the parent firm.
Turnkey Operation
A type of project that is constructed so that it could be sold to any buyer as a completed product. This term is commonly used in the real estate sector.
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