What Is the Meaning of Following Term

question 58

Multiple Choice

What is the meaning of following term:
-Multinational corporations

• A) Aim to dramatically reduce poverty, hunger, and infant mortality and to secure greater equality for women.
• B) South Africa's practice of rigid social segregation based on skin color.
• C) Organizations that are NOT part of a government.
• D) People who worship animals, stones, plants, and other objects.
• E) The South's reliance on exports of primary commodities puts it at an economic disadvantage.
• F) Used as a measurement of poverty because it is closely connected.
• G) A rigid hierarchical system of social classes in Hinduism.
• H) Dramatic growth in food supplies due to agricultural advancements.
• I) A situation in which food supplies are suddenly reduced, causing a large number of deaths.
• J) Economic aid that can help diminish poverty and enhance the quality of life in a country.
• K) Debt forgiveness and restructuring and rescheduling debt.
• L) More people than available resources.
• M) Free trade, open markets, and competition in the world economy.
• N) Invest in developing economies.
• O) An indicator of poverty that causes impaired vision, shorter life expectancies, and increased vulnerability to disease.

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Definitions:

Optimistic Estimate

A projection or forecast that assumes the most favorable conditions and outcomes.

Bid Shading

The strategy of making a bid lower than what a bidder is actually willing to pay, typically to save money in auctions or competitive tender processes.

Bid-rigging

An illegal agreement between parties to conspire and fix the bidding process, often in procurement auctions.

Sealed-bid

A bidding process where all the bids are kept confidential until a designated opening time, preventing bidders from seeing competitors' bids.