The Country of Ohana Is a Highly Developed and Technologically

question 8

Multiple Choice

The country of Ohana is a highly developed and technologically advanced country.Corporations in this country constantly search for other less-developed countries that can provide cheaper labor and can serve as sources of raw materials.Ohana is a ________.

• A)peripheral nation
• B)third-world country
• C)semi-peripheral nation
• D)core nation

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Definitions:

Financial Statements

Documents that provide an overview of a company's financial condition, including its income, expenses, profit, and assets.

Responsible Party

The individual or entity legally obligated or liable for something, particularly in the context of a legal contract or wrongful act.

Standard of Care

The degree of prudence and caution required of an individual who is under a duty of care, often defined by the legal standard to avoid or minimize risk.

Director

An individual elected by shareholders or appointed to govern and oversee the management of an organization or corporation's affairs.