IBM Persuaded Lenovo to Give Up the Idea of Having

question 45

Multiple Choice

IBM persuaded Lenovo to give up the idea of having dual headquarters in China and the United States and to set up its world headquarters in the United States. What was the significance of this action?

• A) It demonstrated understanding and mastery of the rules of the game.
• B) It made it easier to win approval from the United States government
• C) It highlighted the importance of politics in such high-stakes strategic moves
• D) All of the above

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Definitions:

Income

Income earned from employment or investments, typically on a consistent basis.

Consumption

The use of goods and services by households, constituting one of the major components of GDP and a primary indicator of economic health.

Budget Constraint

Indicates the various goods and services a consumer is able to buy, considering their earnings and the costs of those goods and services.

Papyrus Scrolls

Ancient writing materials made from the pith of the papyrus plant, used especially in Egypt for documents and texts.