Question 25

A company that frequently develops new technology is considering several locations for international expansion. Which of these questions may be most important to them when assessing the Technological portion of the PESTEL Analysis?

Question 25 options:

	Does intellectual property have specific, legal protections?
	How predictable are the political decisions and policy making procedures?
	What are regulations regarding waste disposal and energy consumption?
	What is the status of intellectual property issues in the local environment?

Question 26

A company-generated forecast of future spot currency exchange rates, which may differ from the rate quoted by a foreign exchange market, is called:

Question 26 options:

	Spot Exchange Rate
	External Forward Rate
	Internal Forward Rate
	Internal Reverse Rate

Question 27

Similar to opportunity cost, this is a firms cost of capital:

Question 27 options:

	Rate of return a firm could earn if it chose another investment of equivalent risk
	Rate of return that could be earned if the firm chose another investment of lesser
	Rate of return that could be earned if the firm chose another investment of greater
	The next most profitable use of the firms capital.