The Business Environment Prior to 1974 Was "Friendly" to Companies

question 85

Multiple Choice

The business environment prior to 1974 was "friendly" to companies using scientific management and mass manufacturing methods because:

• A)U.S.manufacturers dominated the world economy.
• B)A large number of firms controlled most of the profits in a single industry.
• C)Education levels were significantly higher than they are today.
• D)All of the above.

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Definitions:

White Aesthetic

A design or artistic preference that prioritizes white culture, values, and appearance, often at the expense of excluding or minimizing other cultural aesthetics.

American Society

A social structure within the United States characterized by its diverse culture, values, and social norms.

Universal Default

A lending practice where a creditor increases a borrower's interest rate if the borrower defaults with another lender.

Whiteness

A social construct referring to the practices, cultural norms, and privileges afforded to people socially designated as white in different historical and geopolitical contexts.