Statistics indicate that over half of the world output now comes from emerging markets. This is leading to a(n) ________ of living standards across the globe and is changing the face of business.

A. divergence
B. expansion
C. convergence
D. contraction


Answer: C

Business

You might also like to view...

Prime Industries Inc. is a large company producing a wide range of chemicals. It decides to focus on making its products more environmentally friendly. This is an example of

A. conscious marketing. B. a supply chain. C. providing assortments. D. vertical integration. E. wholesaling.

Business

The most complicated of the three leadership approaches explained in Chapter 5 is ______.

a. path-goal b. Hersey/Blanchard c. Vroom/Jago d. none of these; they are all simple and straightforward

Business

CVP analysis can also be applied by a company selling multiple products

Indicate whether the statement is true or false

Business

Exxon Corporation declared and paid $90,000 of dividends to its shareholders during Year 3 . The statement of cash flows classifies the transaction as a(n)

a. investing activity. b. financing activity. c. operating activity d. exchange transaction. e. equity activity.

Business