Which of the Following Statements Is True

question 138

Multiple Choice

Which of the following statements is true?

• A)Governments in some countries may impose controls and limit selling prices of a company's products.
• B)The economic,legal,political,social,and cultural environments differ across countries.
• C)Because of advances in telecommunications and transportation,the availability of materials and skilled labour does not differ significantly across countries.
• D)Both A and B are correct.

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Definitions:

Rules of the Game

The established guidelines, criteria, or regulations that dictate how a particular activity or process is conducted.

Disagreement Value

The worst outcome that a party is willing to accept before walking away from negotiations or a transaction.

Car Dealer

A business entity that sells new or used cars at the retail level, based on a dealership contract with an automaker or its sales subsidiary.

Sale Price

The final price at which a product or service is sold after any deductions or promotions.