Which of the Following Descriptions Best Defines McDonaldization

question 31

Multiple Choice

Which of the following descriptions best defines McDonaldization?

• A) Global capitalism driven by Western companies will destroy global culture, with values of profit, individualism, and consumption triumphant.
• B) Global capitalism driven by Western companies will homogenize global culture, with values of profit, individualism, and consumption triumphant.
• C) Global capitalism driven by Western companies is the driver of climate change and increased obesity in developing countries.
• D) Global capitalism driven by Western countries will lead to the downfall of global culture.

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Definitions:

Real Options

Real options are a type of financial option that deals with tangible assets, providing the right but not the obligation to undertake certain business decisions, like expanding or discontinuing a project.

Global Financial Crisis

A worldwide period of economic difficulty experienced by markets and consumers. A significant financial downturn that began in 2007-2008.

Federal Deficits

The amount by which a government's expenditures exceed its tax revenues over a specified fiscal period at the federal level.

U.S. GDP

The total market value of all final goods and services produced within the United States in a given time period, serving as a broad measure of the nation's overall economic activity.