Which of the Following Is an Example of How Cultural

question 90

Multiple Choice

Which of the following is an example of how cultural differences directly impact international business practices?

• A) Government stability
• B) Schools
• C) Buy national legislation
• D) Hospitals
• E) Religious practice that separates men and women

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, capable of conducting business, entering into contracts, and owning assets.

Corporate Form

A legal structure for organizing a business as a separate legal entity, distinct from its owners, with its own rights and liabilities.

Advantages

The positive aspects or benefits associated with a decision, strategy, or action.

Franchise

A business model where a franchisee obtains the rights to operate a business under the franchisor's brand and system in exchange for a fee.