The environment refers to the local state national and global laws and

The environment refers to the local state national

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64) The ________ environment refers to the local, state, national, and global laws and regulations that affect businesses. A) political and legalB) sociocultural C) economicD) technologicalE) naturalAnswer: ADifficulty: ModerateLO: 2.3: Understand how factors in a firm's external business environment influence marketing strategies and outcomes in both domestic and global marketsAACSB: Ethical understanding and reasoning 65) Expropriation occurs when a government ________.
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66) Nationalization occurs when a government ________. 67) The ________ was developed to eliminate monopolies and to guarantee free competition. 68) The ________ was established by the Federal Trade Commission in 2003 to allow consumersto limit the number of telemarketing calls they receive. A) National Do Not Call RegistryB) Child Protection ActC) Federal Communications CommissionD) Consumer Products Safety Commission ActE) USA Freedom ActAnswer: ADifficulty: EasyLO: 2.3: Understand how factors in a firm's external business environment influence marketing strategies and outcomes in both domestic and global marketsAACSB: Ethical understanding and reasoning
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  • Summer '17
  • Prof Farshad Salman

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