ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A company is worried that about the norms and customs of a country would need to consider which component of the international business environment?
A
Geography
B
Culture
C
Economy
D
Infrastructure
Explanation: 

Detailed explanation-1: -Examples of tariff barriers include Export duties, Specific duties, Import duties, Ad-valorem duties, Transit duties, Compound duties, Revenue tariffs, Protective tariffs, Counter-vailing and Antidumping duties, Single-column tariff, Double-column tariff.

Detailed explanation-2: -Q. 1: Which is not a component of specific forces of the business environment? Answer: B, Technological conditions. Explanation: Technological condition is a component of general forces that affect the business environment of an enterprise.

Detailed explanation-3: -A country must have international trade policies to participate in international trade. Internation trade policy are rules that define how exports and imports are conducted. It can be defined as the government’s rules and regulations guiding and controlling trade with foreign countries.

There is 1 question to complete.