Which of the following statements is true?
A)The economic, legal, political, social, and cultural environments differ across countries.
B)Governments in some countries may impose controls and limit selling prices of a company's products.
C)Because of advances in telecommunications and transportation, the availability of materials and skilled labor does not differ significantly across countries.
D)Both A and B are correct.

Question

Quizplus · Accepted Answer

Both statements A and B are true. The economic, legal, political, social, and cultural environments vary significantly by country, which can impact a company's success in the market. Additionally, some governments may impose regulations or price controls that limit a company's ability to sell their products in that country. However, statement C is incorrect as there are still significant differences in the availability of materials and skilled labor between countries, even with advances in telecommunications and transportation.

Which of the Following Statements Is True