The term ease of doing business refers to
A)the ease with which a product can be promoted effectively.
B)how quickly a firm can recoup its costs and begin making a profit.
C)how complicated the process is for producing and delivering a product.
D)the amount of effort required on the part of a customer when dealing with a firm.
E)the ease with which a business can secure financing to start operating its business.

Question

Quizplus · Accepted Answer

Ease of doing business refers to how quickly a firm can recoup its costs and begin making a profit, as it encompasses the regulatory environment and operational efficiency that affect business operations.

The Term Ease of Doing Business Refers to