____ Is a Reason for Preferring to Rent Rather Than

question 171

Multiple Choice

____ is a reason for preferring to rent rather than to buy.

• A) Mobility
• B) No maintenance worries
• C) Lower monthly cash flows
• D) Down payment money better used elsewhere
• E) All of these are reasons

---

Definitions:

Global Firms

Businesses that operate and have market presence in multiple countries around the world.

General Environment

The economic, legal-political, socio-cultural, technological, and natural environment conditions in which an organization operates.

Organizations

Groups of people who work together in a structured way to achieve a collective goal or set of objectives.

Socio-cultural Conditions

refer to the combination of social and cultural factors that influence individuals' behaviors, values, and attitudes in a society.