Question

In international operations, the economic environment includes:

a. shared knowledge, beliefs and values.
b. political risks.
c. social organizations.
d. infrastructure.
e. tariffs, quotas, and taxes.

Answer 1

The economic environment in international operations includes political risks, social organizations, infrastructure, and trade barriers such as tariffs, quotas, and taxes.

Step-by-step explanation:

In international operations, the economic environment includes several key factors:

1. Political risks: These can include changes in government policies, regulations, and political instability, which can impact business operations and profitability.
2. Social organizations: These refer to the cultural norms, values, and social structures that shape economic activity.
3. Infrastructure: This includes the physical and organizational structures, such as transportation, communication networks, and utilities, that support economic activities.
4. Tariffs, quotas, and taxes: These are trade barriers imposed by governments that can affect international trade and business operations.