Efficiency and Profitability of Corporations Do Not Always Translate into Corresponding

question 4

True/False

Efficiency and profitability of corporations do not always translate into corresponding value addition for consumers.

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Definitions:

Intelligence Quotient

A measure of a person's relative cognitive abilities determined through specific standardized tests.

Mental Age

A measure of an individual's cognitive ability expressed as the age at which an average individual reaches the same ability.

Chronological Age

The actual age of an individual measured in years from the date of birth to the current date.

Charles Spearman

An early 20th-century psychologist who is best known for his work in intelligence, including the theory that a general intelligence factor underlies all cognitive abilities.