Which of the Following Is a Statement Made by Theodore

question 15

Multiple Choice

Which of the following is a statement made by Theodore Levitt about the globalization of world markets?

• A) Capitalism is the force that drives the world toward a converging commonality.
• B) Multinational corporations consider the world to consist of distinct and unique entities.
• C) Accustomed differences in national or regional preferences are becoming more significant.
• D) Multinational corporations are in danger of losing out to small businesses.
• E) Global markets for standardized consumer products have emerged on a large scale of magnitude.

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Definitions:

Objective

Uninfluenced by personal feelings or opinions in considering and representing facts; impartial and factual.

Perception

The process by which individuals organize and interpret their sensory impressions to give meaning to their environment.

Solitude

The state of being alone, often by choice, allowing for self-reflection, introspection, or personal development.

Compensation

A psychological strategy wherein an individual covers up, either consciously or unconsciously, weaknesses, frustrations, desires, or feelings of inadequacy or incompetence in one area through gratification or excellence in another area.