While Multinational Corporations Face Almost Limitless Social, Cultural, Demographic, Environmental

question 47

True/False

While multinational corporations face almost limitless social, cultural, demographic, environmental, political, governmental, legal, technological, and competitive opportunities and threats, the number and complexity of these factors do not dramatically increase with the number of products produced and the number of geographic areas served.

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Definitions:

Synergistic Relationship

A cooperative interaction between two or more entities that results in a combined effect greater than the sum of their separate effects.

Stakeholders

Individuals or groups that have an interest in or are affected by the operations and decisions of a business or organization.

Generation X

A demographic cohort following the baby boomers and preceding the millennials, typically born between the early 1960s and late 1970s.

Sustainability-Conscious

Being aware of and making choices that are beneficial to sustaining environmental, economic, and social well-being for the future.