It may be more costly to do business in relatively primitive or undeveloped economies because of the lack of infrastructure and supporting businesses.

Question

Quizplus · Accepted Answer

In undeveloped economies, the lack of infrastructure such as roads, electricity, and water supply, and supporting businesses such as suppliers and distributors can result in higher costs for businesses operating in those markets. This can increase the costs of transportation, logistics, and other services, making it more costly to do business in those regions compared to developed economies.

It May Be More Costly to Do Business in Relatively