The Continuing Prominence of Large,highly Diversified Business Groups in Many

question 43

Multiple Choice

The continuing prominence of large,highly diversified business groups in many emerging market countries (e.g.Tata Group in India) is mainly the result of:

• A)The political connections of a few leading business leaders
• B)High transaction costs in capital and labor markets in these countries which favor the deployment of resources within large diversified corporations
• C)Barriers to direct investment which protect these companies from overseas competition
• D)The failure of emerging market business leaders to appreciate the benefits of refocusing

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Definitions:

Advanced Degree

A level of education beyond a bachelor's degree, including master's degrees, doctoral degrees, and professional degrees.

Systematic Desensitization

A behavioral therapy technique that gradually exposes individuals to a feared stimulus to reduce the anxiety associated with it.

Stressful Stimulus

Any external or internal event or condition that causes stress in an individual, potentially leading to a physiological and psychological response.

Fear of Heights

An anxiety disorder characterized by an irrational and excessive fear of heights, also known as acrophobia.