Which of the Following Statements Is True About the Implications

question 41

Multiple Choice

Which of the following statements is true about the implications of revolutions occurring in China for international businesses?

• A) China is moving away from free market economic system.
• B) China represents a huge and largely untapped market for international business.
• C) Between 1983 and 2010, the foreign direct investment in China decreased dramatically.
• D) China's new firms have failed to be capable competitors in the global market.
• E) China is continuously discouraging the use of free market economy.

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Definitions:

Social Identities

are the facets of individuals' self-concepts that are derived from their perceived membership in social groups, influencing their feelings, beliefs, and behaviors.

Leader Optimism

The tendency of leaders to maintain a positive outlook, even in challenging situations, and to convey hope and confidence to their followers.

Excessive Optimism

An overly positive outlook or expectation, which may result in unrealistic planning or underestimated risks.

Inspirational Motivation

The ability to motivate others through the articulation of an appealing vision and ambitious goals.