Which of the Following Is a Characteristic of a Sweatshop

question 37

Multiple Choice

Which of the following is a characteristic of a sweatshop?

• A) Poor working conditions
• B) High wages
• C) Low power distance
• D) High degree of foreign investment
• E) Strong ethics

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Definitions:

Uncertainty

Uncertainty refers to the lack of certainty, predictability, or definiteness about an outcome or condition, often requiring risk assessment and management strategies.

Risk

The potential for loss or the negative consequences that may arise from a given action, decision, or event.

EMV

Expected Monetary Value; a quantitative risk analysis tool used to help in decision-making by calculating the anticipated monetary outcome of different scenarios.

Payoff

The return or benefit received from an investment or action, often used in the context of games, negotiations, and financial investments.