Three economic issues that a global manager might need to understand include __________.
A) tax policies, political stability, and cultural differences
B) tax policies, employment laws, and cultural differences
C) employment laws, currency exchange rates, and political stability
D) currency exchange rates, inflation rates, and tax policies
E) inflation rates, tax policies, and political stability

Question

Quizplus · Accepted Answer

A global manager needs to be aware of currency exchange rates as they directly impact international trade and business interactions, inflation rates as they can affect the availability and affordability of goods and services, and tax policies as they can determine the cost and feasibility of doing business in different countries. Employment laws and cultural differences are also important, but they are typically more specific to individual countries rather than broad economic issues. Political stability can also have an impact, but it is often intertwined with other economic factors such as currency exchange rates and inflation rates.

Three Economic Issues That a Global Manager Might Need to Understand