Which of the Following Types of Multinational Corporations Reflect the Geocentric

question 14

Multiple Choice

Which of the following types of multinational corporations reflect the geocentric attitude?

• A)multidomestic corporation
• B)transnational organization
• C)global company
• D)regional organization

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Definitions:

Price Rationing

The process of distributing goods and services by setting prices so that only those willing and able to pay will obtain them.

Future Output

The amount of goods and services that will be produced at a future date, often anticipated based on current trends and investments.

Excise Tax

A tax imposed on specific goods, such as alcohol and tobacco, usually to discourage consumption or generate revenue.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, resulting in market balance.