In a Class Discussion About the Homogenizing Effects of Globalization

question 39

Multiple Choice

In a class discussion about the homogenizing effects of globalization, Freja points out that even in multinational chain stores and restaurants there are locally influenced differences in products and services. Which of the following theories could Freja draw upon to support her argument?

• A) conflict theory
• B) structural functionalism
• C) postmodernism
• D) symbolic interactionism

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Definitions:

Total Dividends

The total sum of money paid to shareholders out of a company's earnings.

Equity Method

An accounting technique used to record an investment in another company, where the investment is initially recorded at cost and subsequently adjusted to reflect the investor's share of the investee's profit or loss.

Common Shares

Equity securities that represent ownership in a corporation, providing rights to dividends and the ability to vote at shareholder meetings.

Financial Statements

Are documents that provide an overview of a company's financial condition, including balance sheets, income statements, and cash flow statements, for a specific period.