When Examining the Lists of the Largest Corporations in the World

question 4

Multiple Choice

When examining the lists of the largest corporations in the world, it is obvious that

• A) European firms dominate the list of large and most profitable firms.
• B) exchange rates have the potential of distorting the list.
• C) Japanese companies are the largest in sales and most profitable in the world.
• D) U.S. companies are the largest in sales but are not among the most profitable.

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Definitions:

Perception

The cognitive process of interpreting and organizing sensory information to understand the environment.

Consensus

General agreement among a group of people or the general opinion of a group.

Distinctiveness

Refers to how much an object or person stands out as compared to others in the same category or environment.

Consistency

The quality of achieving a level of performance which does not vary greatly in quality over time.