Which of the Following Statements Is True of Developing Countries

question 95

Multiple Choice

Which of the following statements is true of developing countries that have embraced globalization?

• A) The countries have experienced an increase in life expectancy.
• B) As a result of extensive commercialism, there has been a decline in personal income.
• C) Relying upon developed countries for technology has rendered their talent pool stagnant.
• D) Their rich cultural diversity hasn't been affected by exposure to new cultures.

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Definitions:

Independent Directors

Members of a company's board of directors who do not have a material or pecuniary relationship with the company or related persons, ensuring unbiased governance and decision-making.

CFO

Chief Financial Officer, a senior executive responsible for managing the financial actions of a company.

Auditing Firms

Companies specializing in examining and evaluating the accuracy of financial records and statements of a corporation or entity.

Financial Assets

Assets that derive value from a contractual promise or ownership right, including stocks, bonds, derivatives, and bank balances.