Powerful Multinational Firms

question 58

Multiple Choice

Powerful multinational firms:

• A)care more about the numbers of items sold, not about quality products.
• B)suppress innovation because consumers are not willing to pay for very high quality goods.
• C)would never suppress quality that increases the value of the firm.
• D)suppress innovation, especially concerning built- in quality, because it would cannibalize into its own sales.

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Definitions:

Fluid Intelligence

The ability to think and reason abstractly, solve problems, and identify patterns, independent of accumulated knowledge.

General Intelligence

The concept of a common intelligence that influences an individual's performance on various cognitive tasks.

Triarchic Theory

A theory of intelligence proposed by Robert Sternberg, suggesting that human intelligence comprises analytical, creative, and practical dimensions.

Robert Sternberg

An American psychologist known for his theory on intelligence and creativity.