IBM Is Headquartered in Armonk,New York,but More Than 70% of Its

question 21

Multiple Choice

IBM is headquartered in Armonk,New York,but more than 70% of its employees work for the company outside of the U.S.What is given as a major reason for this in the text?

• A) IBM is following Coca-Cola and Sony corporate strategies.
• B) Two-thirds of its revenue and most of its growth are occurring outside the U.S.
• C) Bottom-of-the-pyramid effects on technology consulting.
• D) High corporate tax rates in the U.S. are driving firms offshore.

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Definitions:

Photosystem

A complex of proteins and pigments in plants and algae that absorbs light energy and converts it into chemical energy during photosynthesis.

Chlorophyll

A green pigment found in the chloroplasts of plants, algae, and some bacteria, essential for photosynthesis as it absorbs light energy to convert carbon dioxide and water into glucose.

Mitochondrion

An organelle found in large numbers in most cells, in which the biochemical processes of respiration and energy production occur. It has a double membrane, the inner layer being folded inward to form layers (cristae).

Chloroplast

Organelle of photosynthesis in plants and photosynthetic protists. Light-dependent reactions occur at its inner thylakoid membrane; light-independent reactions, in the stroma.