Marcus Is Using Modernization Theory to Explain Global Inequality

question 21

Multiple Choice

Marcus is using modernization theory to explain global inequality.Which statement best exemplifies his views?

• A) The global system is held together by economic ties.
• B) Poor nations provide good combinations of capital and labour.
• C) Low-income nations can achieve self-sustained economic growth.
• D) Poor nations rely too heavily on richer nations for economic support.

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Definitions:

Management Failures

Situations where leadership and organizational strategies fail to achieve objectives, leading to negative consequences for the company.

Poor Product Designs

Refers to products that are inefficient, unappealing, or unsafe due to inadequate design, often leading to consumer dissatisfaction or failure in the market.

Cross-Selling

A sales strategy where a company proposes additional products or services to a customer based on previous purchases.

Ineffective Management Oversight

A situation where the supervisory activities performed by managers or governing bodies fail to detect or prevent poor performance and non-compliance with policies and regulations.