One Laptop Per Child Is a Nonprofit Initiative with the Goal

question 131

Multiple Choice

One Laptop Per Child is a nonprofit initiative with the goal of making extremely low-cost laptops available to children in the developing world,with the goal of helping them learn skills needed in today's workforce.If some of the low-cost technology developed for this laptop found its way into laptops created for U.S.consumers,this would be an example of

• A) glocalization.
• B) reverse innovation.
• C) franchising.
• D) a strategic alliance.
• E) purchasing power parity.

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Definitions:

Turnover

The total sales or revenue generated by a company during a specific period; also can refer to the rate at which inventory or assets of a business "turn over" or are replaced.

Overconfidence

A cognitive bias where an individual's belief in their own abilities or the accuracy of their forecasts exceeds reality.

Moving Averages

A technique used in technical analysis that smooths out price data by creating a constantly updated average price over a specific period of time.

Market Price

The market price is the current price at which an asset or service can be bought or sold in a marketplace, subject to the forces of supply and demand.