There Are Four Major Categories of Factors That Reveal Whether

question 194

Multiple Choice

There are four major categories of factors that reveal whether an industry has globalized. They are market, cost, government, and ________.

• A) technology
• B) environment
• C) competition
• D) legal factors

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Definitions:

Drug Education

Educational programs aimed at providing information about drug use and misuse, with the goal of preventing drug addiction and promoting healthy decision-making.

Price Elasticity of Supply

A measure of how much the quantity supplied of a good responds to a change in the price of that good.

Government Program

An initiative undertaken by a government to address public needs in areas such as health, education, and welfare.

Market Price

Is the current price at which an asset or service can be bought or sold in a marketplace.