How Has the Presence of Multinational Corporations in Developing Nations

question 44

Multiple Choice

How has the presence of multinational corporations in developing nations affected those nations?

• A) Multinational corporations have encouraged the sale of products specifically tailored to the interests of the local markets.
• B) Multinational corporations have spread the products and values of a consumer society among the elites of developing nations.
• C) Multinational corporations have led to sharp declines in unemployment and poverty.
• D) Many multinational corporations have created social tensions as they often refuse to hire local business leaders to important positions in their operations.

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Definitions:

Budgeted Balance Sheet

A prediction of a company’s financial position at the end of a specified period, incorporating anticipated assets, liabilities, and equity based on the budget.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period to manage liquidity and ensure adequate cash flow.

Financial Budgets

Plans that outline an organization's expected revenues, expenditures, and financial objectives for a specific period.