Answered: Which of the following is not an…

Which of the following is not an explanation for where business groups fill institutional voids in developing countries?

Foundations of Business (MindTap Course List)

6th Edition

ISBN:9781337386920

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter1: Exploring The World Of Business And Economics

Section: Chapter Questions

Problem 4DQ

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Question

Which of the following is not an explanation for where business groups fill institutional voids in developing countries?

Poorly developed labor markets

Weak protection that consumers have

Weak contract enforcement

Conglomerate discount

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