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:

Motives

The underlying reasons or goals that drive individuals or entities to act in a certain way, influencing economic decisions and behaviors.

Transactions Demand

Transactions demand refers to the amount of money or liquidity that is needed by an economy to facilitate day-to-day transactions.

State Charters

State charters refer to authorization or licenses granted by state governments allowing entities, such as corporations or banks, to operate within a specific state.

Money Supply

The aggregate sum of funds available or in circulation within a nation.