What are the factors that contribute to the risks of doing business in a country?
What will be an ideal response?
Answer: The risks of doing business in a country are determined by its political, economic, and legal systems. The legal risk is the likelihood that a partner will break a contract. The economic risk is the likelihood that drastic changes in a company's business environment will affect a company. The political risk is the likelihood that political forces will cause changes in a country's business environment. This can be because of implementation of rules and regulations and general social unrest.
You might also like to view...
Secondary data are originated by a researcher for the specific purpose of addressing the problem at hand
Indicate whether the statement is true or false
According to the 80/20 rule, which of the following is true?
A) 80 percent of a product's customers account for 20 percent of the product's marketing expenditures. B) 20 percent of a product's customers account for 80 percent of the product's marketing expenditures. C) 80 percent of a product's sales come from 20 percent of the product's purchasers. D) 80 percent of a product's marketing cost should be equal to 20 percent of the firm's total marketing budget. E) 80 percent of a product's market should be consumers who are 20 or older.