The diagram below represents the international business environment. Complete the diagram by filling in the missing labels. Econonic Legal-Political Economic Political risk Govermment intervention Tariffs, quotas development Infrastructure -Resource and product markets taxes A Exchange rates Economic conditions Organization Laws, regulations Sociocultural Social values, beliefs Language C Demographic profile Formal education literacy Time orientation Source: Adapted from Daft. R. L..& Marcic, D. (2017). Understanding Management (10th ed., p. 120). Mason, OH: Cengage Learning. A B C One of the biggest advantages of doing business in less-developed countries is the: Sophistication of financial markets Well-developed infrastructure O Low cost of labor Large number of experienced managers The diagram below represents the international business environment. Complete the diagram by filling in the missing labels. Econonic Legal-Political Economic Political risk Govermment intervention Tariffs, quotas development Infrastructure -Resource and product markets taxes A Exchange rates Economic conditions Organization Laws, regulations Sociocultural Social values, beliefs Language C Demographic profile Formal education literacy Time orientation Source: Adapted from Daft. R. L..& Marcic, D. (2017). Understanding Management (10th ed., p. 120). Mason, OH: Cengage Learning. A B C One of the biggest advantages of doing business in less-developed countries is the: Sophistication of financial markets Well-developed infrastructure O Low cost of labor Large number of experienced managers