The Top Management at Groundsource Company,a Manufacturer of Lawn and Garden

question 47

Multiple Choice

The top management at Groundsource Company,a manufacturer of lawn and garden equipment,is attempting to recover from a fire that destroyed some of their accounting records.The main computer system was also severely damaged.The following information was salvaged:

What were the sales for the Tiller Division? (Round the final answer to the nearest whole dollar. )

• A)$10,666,667
• B)$20,000,000
• C)$3,000,000
• D)$853,333

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Definitions:

Colonialism

The practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.

Peripheral Countries

Nations that are less developed economically and are often exploited by more developed, core countries in the global economic system.

Modernization Theory

A view of globalization in which global development is a worldwide process affecting nearly all societies that have been touched by technological change.

Max Weber

A German sociologist, philosopher, and political economist known for his theory on the Protestant ethic and his ideas on bureaucracy.