Phillip is an international business manager with Corbin Manufacturing.Which of the following serves as an external influence on the business decisions that Phillip makes?

Question

Quizplus · Accepted Answer

Host country monetary policy is an external influence as it is determined by the government of the host country, which is beyond the control of Corbin Manufacturing or Phillip. Other options such as production plant locations, supply chain linkages and product design standards are internal factors as they can be controlled or influenced by the company or business manager.

Phillip Is an International Business Manager with Corbin Manufacturing