Absolute Poverty Means,essentially,not Having Enough to Eat

question 25

Multiple Choice

Absolute poverty means,essentially,not having enough to eat.What does relative poverty mean?

• A) being worse off than one was before
• B) lacking the means to improve one's situation
• C) lacking access to modern amenities
• D) being worse off than most people in one's society

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Definitions:

Transnational Strategy

A corporate strategy that involves operating in multiple countries, combining global coordination to achieve efficiency with flexibility to adapt to local market conditions.

Autonomy to Adapt

The ability of an entity, such as an organization, to independently adjust or modify its functions and processes in response to environmental changes or internal demands.

Transnational Strategy

A business approach used by companies that operate across borders, combining global integration with local responsiveness.

International Strategy

A plan implemented by companies to expand their operations and market presence into multiple countries.