In Regard to Global Convergence

question 52

Multiple Choice

In regard to global convergence:

• A)Advocates argue that globalization will stymie a "survival-of the-fittest" process.
• B)Advocates claim firms will be forced to adopt globally the best practices.
• C) Others contend that governance practices cannot continue to diverge throughout the world.
• D) The text indicates that complete divergence in corporate governance is realistic.

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Definitions:

Discipline

Methods of molding children’s character and of teaching them to exercise self-control and engage in acceptable behavior.

Molding Character

The process of shaping and influencing an individual's traits, behaviors, and moral values.

Self-control

The ability to regulate one's emotions, thoughts, and behavior in the face of temptations and impulses.

Acceptable Behavior

Actions or conduct that are deemed appropriate, ethical, or desirable within a particular society or culture.