Which of the following statements is true about the political risks in a global marketing environment?
A) The political risk of low-income countries is lesser than high-income countries.
B) The more a country is developed, the greater is the political risk.
C) Political risk is a major deterrent for companies that want to invest abroad.
D) A country with high political risks attracts more investors.
Question 2
Guanxi, in the Chinese business context, means ________.
A) bribing government officials
B) manufacturing inexpensive products
C) personal relationships
D) preference for communism
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