Which Combination Below Includes the Four Global Forces Discussed in the Textbook

question 23

Multiple Choice

Which combination below includes the four global forces discussed in the textbook?

• A) global economic markets, shifting centers of power in the world, global government, information and collaboration technology
• B) consistent centers of power in the world, global industrial markets, global governance, information and communications technology
• C) shifting centers of power in the world, global economic markets, global governance, information and communications technology
• D) shifting centers of power in the world, domestic economic markets, global governance, information and communications technology

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Definitions:

Net Income

The total revenue of a business minus total expenses, representing the profit made during a specific period.

Uncollectible Receivables

Accounts receivable that are considered to be uncollectable and are treated as a loss because payment is no longer expected.

Percent of Sales Method

A financial forecasting model that estimates changes in balance sheet and income statement accounts as a direct percentage of sales.

Uncollectibles

Debts owed to a company that are considered to be unlikely to be paid and written off as a loss.