Does the Term "Mandatory Spending" Mean That Spending Must Go

question 122

Multiple Choice

Does the term "mandatory spending" mean that spending must go on forever?

• A) Yes, once appropriated, spending is indefinite.
• B) No, once appropriated, spending is for the life of the program only or until it changes.
• C) Yes, the laws which authorized this spending cannot be changed.
• D) Yes, Congress has no right to change these spending programs.

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Definitions:

Local Markets

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Geocentric View

An outlook in international business where a company sees the entire world as a potential market and strives to develop products or services that appeal globally.

Transnational Strategy

A business approach that involves operating globally while remaining responsive to local needs and conditions.

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Divestiture is the process of selling off or disposing of an asset or division of a company as a strategic business decision.