Business Environment And International Business - Study Mode
[#366] Consider the following statements. Assertion (A): Internal factors of business environment are more controllable factors. Reason (R): These factors can be altered or modified in the desired manner to suit the environment.
Correct Answer
(A) Both (A) and (R) are correct
[#367] One of the advantages of free trade is improvements in the distribution of income. Free trade thus results in some income redistribution by
Correct Answer
(D) Lowering the prices of the scarce factor and raising the price of the abundant factor
[#368] NAFTA came into force from January, 1994 embracing:
Correct Answer
(B) The USA, Canada, Mexico
[#369] Which of the following is not true about high-context cultures?
Correct Answer
(C) People make a big deal out of private space
[#370] Countries joining World Bank after 31 st December, 1945 come under category of
Correct Answer
(B) general member