Which of the Following Has Been the Main Pressure Behind

question 8

Multiple Choice

Which of the following has been the main pressure behind restructuring, rightsizing, and mergers and acquisitions?

• A)the desire to increase profits
• B)obsolescence of plant and equipment
• C)the need to reduce costs
• D)intense domestic competition

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Definitions:

Human Development Index

An index measuring three basic dimensions of human development: life expectancy, education, and per capita income indicators, used to rank countries into tiers of human development.

Purchasing Power Parity

An economic theory that compares different countries' currencies through a "basket of goods" approach, to assess the relative value of the currencies and the cost of living.

Consumer Price Index

An index measuring the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

Reserve Requirement

The minimum amount of funds that a bank must hold in reserve against deposits, as mandated by central banking authorities.