According to Levitt, Which of the Following Statements Is True

question 50

Multiple Choice

According to Levitt, which of the following statements is true?

• A) Technology drives the world toward a converging commonalty.
• B) There are accustomed differences in national preferences.
• C) The multinational corporation operates in a number of countries at low relative costs.
• D) The global corporation operates with resolute consistency at high relative costs.

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Definitions:

Direct Materials

Direct materials refer to raw materials that are directly used in the production of goods, readily traceable to the finished product.

Variable Utilities

A classification of utility costs that change in relation to production volume or operational activity.

Human Behavior

The study of how individuals act within societies, influenced by factors such as emotions, culture, and environment.

Budgetary Slack

The practice of underestimating revenues or overestimating costs when preparing a budget to create a buffer.