Which of the Following Statements Regarding the Free Market View

question 105

Multiple Choice

Which of the following statements regarding the free market view is true?

• A) According to the free market view, MNEs decrease the overall efficiency of the world economy.
• B) No country has adopted the free market view in its pure form.
• C) According to the free market view, MNEs can never be instruments of economic development, only of economic domination.
• D) According to the free market view, FDI is beneficial to the host country of an MNE but it is harmful for the home country of the MNE.
• E) The free market view traces its roots to Marxist political and economic theory.

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Definitions:

Organizational Culture

The common principles, convictions, and customs that define an organization and shape the actions of its members.

Four Quadrant Model

A framework often used in various fields to categorize or analyze information in four distinct categories or quadrants, based on two sets of bipolar dimensions.

Organizational Culture

The set of shared beliefs, values, norms, and practices that characterizes an institution or organization.

Organizational Culture

The shared values, beliefs, customs, and practices that characterize the social and psychological environment of an organization.