The Convergence Hypothesis Explains

question 5

Multiple Choice

The convergence hypothesis explains

• A)the shrinking gap between income levels of poor and rich countries.
• B)the ability of firms to profit maximize and cost minimize.
• C)the willingness of countries to reduce environmental damage after an income level has been attained.
• D)the similarities between cultures.

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Definitions:

Software Applications

Programs designed to perform specific tasks for users, ranging from productivity tools to entertainment or utility software.

Data Mart

A subject-oriented database that addresses a specific business line or team within an organization, and is a subset of a data warehouse.

Data Warehouses

Centralized repositories that store large amounts of integrated data from multiple sources, designed for query and analysis rather than transaction processing.

Access Database

A database management system from Microsoft that combines the relational Microsoft Jet Database Engine with a graphical user interface and software-development tools.