Which of the Following Best Explains Why Many Foreign Companies

question 33

Multiple Choice

Which of the following best explains why many foreign companies find operating in China a difficult experience from a business perspective?

• A)China lacks the financial and legal systems needed to support the country's foreign trade.
• B)China's local market is not large enough to support its extensive exporting to the United States.
• C)China's government mandates that workers receive high wages and benefits.
• D)China's exchange rate changes too frequently for U.S. businesses to compete.

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Definitions:

Great Depression

A severe worldwide economic downturn that took place mostly during the 1930s, beginning in the United States.

Functionalism

A theoretical framework in the social sciences which posits that every aspect of society serves a function and is necessary for the survival of the society.

Sociology

The examination of societal behavior, community dynamics, the intricacies of social relationships, interactions, and the cultural elements that impact daily living.

Functionalism

A theoretical perspective in sociology that views society as a complex system whose parts work together to promote solidarity and stability.