Asked by Savannah Pless on Jul 05, 2024
Verified
Nebula Inc. is an American multinational software development company, and it has operations in Orvetia. It has a working hours policy of nine hours a day. However, in Orvetia, a country in Eastern Europe, the labor laws specify that employees should work only eight hours a day. Which of the following external factors is affecting Nebula's operations in Orvetia?
A) Sociocultural factors
B) Technological factors
C) Economic factors
D) Political factors
Labor Laws
Regulations and laws that govern the rights and responsibilities of workers, employers, and labor unions to ensure fair employment practices.
Political Factors
Elements related to government actions, policies, and political stability that can influence business operations and decisions.
- Elucidate the impact of economic, political, and sociocultural determinants on international corporate activities.
- Recognize the impact of external factors like technology and labor laws on international business.
Verified Answer
CA
Colton AlbrittonJul 11, 2024
Final Answer :
D
Explanation :
The labor laws in Orvetia that specify working hours are a form of regulation, which falls under political factors. These laws are part of the legal and regulatory environment that businesses must navigate when operating in different countries.
Learning Objectives
- Elucidate the impact of economic, political, and sociocultural determinants on international corporate activities.
- Recognize the impact of external factors like technology and labor laws on international business.
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