BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Ease of Doing Business
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Ease of Doing Banking
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Easy Office Database
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None of these
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Detailed explanation-1: -The Ease of Doing Business (EoDB) index is a ranking system established by the World Bank Group. In the EODB index, ‘higher rankings’ (a lower numerical value) indicate better, usually simpler, regulations for businesses and stronger protections of property rights.
Detailed explanation-2: -Ease of doing business ranks economies from 1 to 190, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country’s percentile rankings on 10 topics covered in the World Bank’s Doing Business.
Detailed explanation-3: -4 There are 10 parameters of Ease of Doing Business: Starting a Business of all, Dealing with Construction Permits, Getting Electricity, Registering Property, Getting Credit, Protecting, Minority Investors, Paying Taxes, Trading across Borders, Enforcing Contracts and Resolving Insolvency.
Detailed explanation-4: -The ease of doing business index was an index created jointly by Simeon Djankov, Michael Klein, and Caralee McLiesh, three leading economists at the World Bank Group, following the release of World Development Report 2002.