When a Multinational Firm Employs the Best and the Brightest

question 64

Multiple Choice

When a multinational firm employs the best and the brightest from the domestic country and moves them to another market, this is known as:

• A) brain drain.
• B) scholar holler.
• C) science pretense.
• D) executive switching.

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Definitions:

Standard of Living

The level of wealth, comfort, material goods, and necessities available to a person, group, or society.

Birthrate

The ratio of total live births to the population in a specified area or period, usually calculated per thousand inhabitants per year.

Demographic Transition

A theory describing the transition from high birth and death rates to lower birth and death rates as a country develops from a pre-industrial to an industrialized economic system.

Demographic Transition

A model describing the transformation of birth and death rates from high to low levels in a society over time, typically associated with economic development.