Which of the Following Statements Is True

question 4

Multiple Choice

Which of the following statements is true?

• A)The economic, legal, political, social, and cultural environments differ across countries.
• B)Governments in some countries may impose controls and limit selling prices of a company's products.
• C)Because of advances in telecommunications and transportation, the availability of materials and skilled labor does not differ significantly across countries.
• D)Both A and B are correct.

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Definitions:

American Federation

An organization or association formed for a specific purpose, potentially referring to labor, political, or other types of federations in the United States.

Samuel Gompers

An influential labor union leader who founded the American Federation of Labor (AFL) and played a key role in advocating for workers' rights in the late 19th and early 20th centuries.

Haymarket Bombing

A pivotal event in Chicago in 1886, where a bomb detonated during a labor rally, leading to riots and a trial that highlighted issues of workers' rights and law enforcement tactics.

Labor Unions

Organizations that represent the collective interests of workers in negotiations with employers regarding wages, working conditions, and rights.