In Many Developing Countries Around the World, Technology Is Enabling

question 124

Multiple Choice

In many developing countries around the world, technology is enabling opportunities to "leapfrog" existing technology. What does this mean?

• A)These countries are able to forgo current technological advances in order to wait for even better technology to be developed.
• B)More advanced technology is reaching these countries even though they lack technological infrastructures.
• C)Technological advances are often offered at prices considerably lower than in well-developed countries.
• D)The technology in developing countries is rapidly surpassing the technology in well-developed countries.
• E)The existing technological infrastructures in these countries are rapidly being replaced by newer, more advanced technology.

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Definitions:

Non-Controlling Interest

The share of ownership in a subsidiary that cannot be directly or indirectly ascribed to the parent company.

Long Term Investments

Investments not expected to be sold or converted into cash within the next year, including stocks, bonds, and real estate.

Fair Value

The estimated price at which an asset or liability could be traded in a fair transaction between knowledgeable, willing parties under no force of sale.

Identifiable Net Assets Method

A technique used in business combinations that involves valuing a company based on the fair value of its identifiable net assets, excluding goodwill.