_____ Distance Captures Fundamental Differences Relating to Income, the Distribution

question 47

Multiple Choice

_____ distance captures fundamental differences relating to income, the distribution of wealth, and the relative purchasing power of segments of a geographic market.

• A) Economic
• B) Cultural
• C) Geographic
• D) Administrative

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Definitions:

Bureaucratic

Describes an administrative system governing any large institution that is characterized by fixed rules, hierarchy, and a detailed division of labor.

Mechanistic Organizations

Organizations characterized by a rigid hierarchy, fixed duties, and a focus on rules, giving them a machine-like efficiency.

IT

Information Technology, the use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Uniformly Positive

A consistent and universally favorable attitude or assessment across various situations or subjects.