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Does Culture Determine Government Market Presence?

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I stated: 'culture of a country may determine the level of government involvement present in the market.'

Instructor asks: There is no doubting the validity of this statement. In the context of business operations, how might this impact be manifested?

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The solution discusses if culture determines government market presence.

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The impact of government involvement present in the market becomes manifested based on the actions of the company and based on the acts that make up the market. For example, if the companies that make up the market are heavily involved in certain industries, the governmental presence will be stronger in those areas. If the government presence was in the U.S. and the companies involved traded heavily with foreign corporations, the ...

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