According to Leading Progressive,DavidC.Korten

question 50

Multiple Choice

According to leading progressive,DavidC.Korten:

• A) power on earth was being transferred from national governments to transnational corporations which by their nature serve only the short-term interests of citizens.
• B) "a few hundred" multinational corporations are making daily business decisions which have more impact than those of most sovereign governments.
• C) developing nations should set up a stable and enabling regulatory environment that indulges the "concern of the business sector for national policies that are enabling but not overly regulating."
• D) in seeking return on capital invested,MNCs may build or buy facilities,contract with local suppliers,and hire workers.

---

Definitions:

Income Statement

A financial document that outlines a company's revenues, expenses, and profits over a specified period, demonstrating its financial performance.

Expenses

Costs incurred in the process of earning revenue, which are subtracted from revenues to calculate net income.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity.

Balance Sheet

A financial statement that provides a snapshot of a company’s financial position, showing assets, liabilities, and shareholders' equity at a specific point in time.