Multinational Corporations Had Which of the Following Impacts on Third

question 14

Multiple Choice

Multinational corporations had which of the following impacts on Third World countries?

• A) They removed raw materials, and then left the local government to clean up the mess.
• B) They provided important technical knowledge that Third World countries could use to build their industrial bases.
• C) They expanded countries' agricultural and manufacturing sectors, but impeded the growth of local firms.
• D) They allowed Third World countries to free themselves from dependence on the institutions of international capitalism.

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Definitions:

Gross Requirements

A recalculated total demand for an item, considering all demands without adjustments for existing inventory levels or incoming supplies.

MRP Tables

Tables used in Material Requirements Planning, showcasing schedules for when materials are needed in the manufacturing process to meet production goals.

Bill of Material

An exhaustive inventory of all raw materials, parts, and assemblies required to produce or mend a product or service.

Lot-For-Lot

An inventory management strategy where the order quantity is set to match the exact demand for the product, minimizing stock levels.