BUSINESS MANAGEMENT CAPSTONE WRITTEN PROJECT QGT1 COMPREHENSIVE STUDY GUIDE 2026 QUESTIONS WITH VERIFIED ANSWERS GRADED A+

BUSINESS MANAGEMENT CAPSTONE
WRITTEN PROJECT QGT1 COMPREHENSIVE
STUDY GUIDE 2026 QUESTIONS WITH
VERIFIED ANSWERS GRADED A+

⩥ Economic Environment. Answer: - relevant economic conditions


⩥ Sociocultural Environment. Answer: - customs
- mores
- values
- demographic characteristics


⩥ Technological Environment. Answer: - appropriability of technology
(ability of the innovating firm to profit from its own technology by
protecting it from competitors)
- inappropriate use
- appropriate technology


⩥ ecological environment. Answer: - natural resources
- ecosystem
which defines the habitat

, ⩥ Legal Environment. Answer: - local laws
- local legal systems
- international law


⩥ Political Risk. Answer: - governmental action or politically motivated
event
- could adversely affect the long-term profitability or value of a firm


⩥ Expropriation. Answer: - when a local government seizes and
provides inadequate compensation for the foreign-owned assets of a firm
- when no compensation is provided, it is confiscation


⩥ Protectionist Policies (plus examples). Answer: - give preference to a
country's own products and industries
- Ex: tariffs & quotas & other import and trade restrictions


⩥ Economic Risk. Answer: country's ability or intention to meet its
financial obligations


⩥ Typical Political Risks. Answer: - Expropriation and confiscation
- Nationalization
- Terrorism
- Discriminatory treatment