Political Stability Is an Important Factor in International Firms Because

question 172

True/False

Political stability is an important factor in international firms because no business wants to set up shop in another country unless trade relationships with that country are well defined and stable.

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Definitions:

Revenue Variance

The difference between the actual revenue earned and the budgeted or forecasted revenue.

Client-Visits

The number of times clients go to a business or service provider's location within a specified period.

Planning Budget

An estimate of the income and expenditure for a set period of time, used for setting financial targets and objectives.

Wages and Salaries

Regular payments made by employers to employees in exchange for their work or services.