Which of the Following Is an Example of an Industry

question 59

Multiple Choice

Which of the following is an example of an industry in which companies manufacture and sell the same products,with only minor adjustments made for individual countries around the world?

• A) retailing
• B) banking
• C) tires
• D) insurance
• E) health care

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Definitions:

Ownership Right

A legal right that confers the possession of assets and the benefits that come from owning them.

Stockholder

An individual or entity that holds one or more shares of stock in a public or private corporation, thus owning a portion of the company.

Dividends

Payments made by a corporation to its shareholder members from the company's earnings.

Chief Accounting Officer

The Chief Accounting Officer (CAO) is a senior executive responsible for managing the accounting operations of an organization.