Which of the Following Is an Economic Factor That a Company

question 2

Multiple Choice

Which of the following is an economic factor that a company should consider before deciding to enter an international market?

• A) Population size and growth
• B) Natural resources
• C) Cultural and social norms
• D) Political stability
• E) Climate

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Definitions:

Dotplot

A graphical display of data using dots, where each dot represents one or more observations, allowing for the visualization of the distribution of the data set.

Frequency Distribution

A tabular or graphical representation showing how often different values occur in a dataset.

Quantitative Data

Numerical information that can be measured and quantified, allowing for statistical analysis and mathematical calculations.

Relative Frequency Distribution

A relative frequency distribution is a type of frequency distribution that shows the proportion or percentage of observations within each category or interval.