Attempts to Determine "What Is" Are Part of __________ Economics

question 14

Multiple Choice

Attempts to determine "what is" are part of __________ economics.

• A) positive
• B) normative
• C) positive and normative
• D) neither positive nor normative

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Definitions:

Global Competitors

Companies that operate and compete in several countries, facing off against brands and products from different markets worldwide.

World-Oriented

Having an awareness and consideration for global cultures, issues, and interdependencies.

Polycentric Attitudes

A viewpoint that values and considers multiple cultural perspectives and norms.

Managers

Individuals responsible for controlling or administering an organization or group of staff, making decisions, and ensuring goals are achieved.