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:

Primary Source of Slaves

The origin or main method through which enslaved individuals were procured or traded, typically referring to historical contexts like the transatlantic slave trade.

Fall of Constantinople

The capture of the capital of the Byzantine Empire by the Ottoman Empire on May 29, 1453, an event that marked the end of medieval Byzantium.

Europeans

People originating from or native to the continent of Europe.

Confederation of States

A union of states or regions that come together for a common purpose, maintaining a degree of autonomy but governed by a central authority.