The Japanese government decreed that Japanese snow was different from all others and required that all snow equipment marketed in the country be made in Japan for safety reasons. The elimination of non-Japanese companies from the market is an example of how __________can influence global business.

Question

Quizplus · Accepted Answer

Policy uncertainty is defined as the risk associated with changes in laws and government policies that directly affect the way foreign companies conduct business. The Japanese government changed its policy regarding snow equipment.

The Japanese Government Decreed That Japanese Snow Was Different from All