As the Opening Case Points Out on the Negative Side

question 27

Multiple Choice

As the opening case points out on the negative side, private equity firms have been accused of all of the following EXCEPT:

• A)Increasing the income inequality between financiers and the rest of us.
• B)Stripping assets from previously high-performing firms.
• C) Internationally, causing shock in countries suddenly facing the full rigor of Anglo-American private equity.
• D) Placing CSR ahead of all rational economic decisions.

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Definitions:

Wage Gap

The wage gap is the difference in earnings between two groups of workers, often based on gender, ethnicity, or age.

High-Skill

Referring to jobs or workers that require advanced training, education, or experience.

Low-Skill

Pertaining to jobs or tasks requiring minimal specialized training or education, often associated with lower wages.

International Trade

The exchange of goods and services between countries, enabling economies to specialize and grow through the trade of products they produce efficiently.