Globalization and Transnational Corporations Quiz

<p>Honda (C)</p> Signup and view all the answers

<p>Amazon (B)</p> Signup and view all the answers

<p>Increased production resulting in lower per unit costs. (D)</p> Signup and view all the answers

<p>To access goods and services not available locally. (C)</p> Signup and view all the answers

<p>By speeding up the exchange of information across distances. (D)</p> Signup and view all the answers

<p>Local farming techniques (D)</p> Signup and view all the answers

<p>They deliver goods and services across national borders. (A)</p> Signup and view all the answers

<p>⅓ (B)</p> Signup and view all the answers

<p>To track ocean currents (A)</p> Signup and view all the answers

<p>Artificial intelligence (B)</p> Signup and view all the answers

<p>NVIDIA's A6000 Graphics cards (C)</p> Signup and view all the answers

<p>By scanning individuals' data via neural interfaces (D)</p> Signup and view all the answers

<p>Increased variety and availability of products (B)</p> Signup and view all the answers

<p>Risk of monopoly (B)</p> Signup and view all the answers

<p>By promoting international trade (A)</p> Signup and view all the answers

<p>Exploitation of workers (C)</p> Signup and view all the answers

<p>Bad labor ethics (D)</p> Signup and view all the answers

<p>To produce goods more cheaply (B)</p> Signup and view all the answers

<p>Job creation in low wage regions (C)</p> Signup and view all the answers

<p>It is based in one country but operates in multiple countries. (D)</p> Signup and view all the answers

<p>80% (B)</p> Signup and view all the answers

<p>Through family inheritances (C)</p> Signup and view all the answers

<p>Mostly aged 40 and above (B)</p> Signup and view all the answers

<p>Only 2 billionaires are new to the list this year (D)</p> Signup and view all the answers

<p>Founder and chairman for 52 years (D)</p> Signup and view all the answers

<p>Millionaires have 1000 times less wealth than billionaires (A)</p> Signup and view all the answers

<p>Technology and Fashion/Retail (B)</p> Signup and view all the answers

<p>Economic instability and resource management (B)</p> Signup and view all the answers

<p>They allow for faster and more reliable shipping. (A)</p> Signup and view all the answers

<p>Transport costs decreased sharply, increasing profit margins. (D)</p> Signup and view all the answers

<p>They are sealed, making them harder to access for theft. (A)</p> Signup and view all the answers

<p>Their decisions can significantly influence global markets and lifestyles. (B)</p> Signup and view all the answers

<p>The cargo is generally lost or damaged. (D)</p> Signup and view all the answers

<p>It often addresses and alleviates global issues like poverty. (A)</p> Signup and view all the answers

<p>A weight distribution that lowers the center of gravity. (B)</p> Signup and view all the answers

<p>It enables factories worldwide to collaborate seamlessly. (A)</p> Signup and view all the answers

The benefits a company enjoys by producing more goods and lowering the cost per unit.

Companies operating in multiple countries with headquarters in one specific country.

The process of exchanging goods and services between countries.

Accessing goods or services that are not available locally.

Trading to get better-quality goods or cheaper prices.

A company that sells a wide range of products in different countries and has a strong brand presence globally, such as Apple, Samsung, or Toyota.

Companies like Apple, Samsung, and Tesla that focus on creating and selling high-value, innovative products often using advanced technology.

Companies like Nike, H&M, and Zara that specialize in designing, manufacturing, and selling clothing, footwear, and accessories across various markets.

Companies like McDonald's, Burger King, and KFC that operate in the food service industry, offering fast food options to a global audience.

Large metal shipping boxes designed in standard sizes, sealed for easy transport and reduced theft.

A company that operates in multiple countries, with headquarters in one specific country.

Producing goods in large quantities reduces the cost per unit, making products cheaper.

When a single company controls a large portion of a market, giving it significant power.

Depending on other countries for resources or production can make a company vulnerable to disruptions.

Transnational corporations often source materials or manufacture goods in lower-wage regions to reduce costs.

Access to a wider variety of goods and services from different countries.

Transnational corporations can create jobs in countries where employment might be limited, but those jobs are often low-paying.

The potential for a single company to dominate a market and suppress competition from local businesses.

A significant portion of the world's wealthiest individuals, particularly those ranking amongst the top ten, have inherited their wealth, showcasing a strong correlation between generational wealth and extreme affluence.

The concentration of wealth within a select few, often through inherited fortunes, leads to an imbalance in global wealth distribution, with a disproportionate share held by a small number of individuals.

The industries of technology and fashion/retail dominate the ranks of the world's wealthiest individuals, reflecting the significant economic influence of these sectors.

The majority of the world's billionaires are above 40 years old, indicating that significant wealth accumulation often takes time and experience.

The vast wealth of a person like Elon Musk, who could theoretically distribute $1 billion to every person on Earth and still be amongst the wealthiest individuals, highlights the immense disparities in global wealth.

The geographic distribution of billionaires is uneven, with a significant concentration in North America, suggesting factors such as economic opportunities, political stability, and historical circumstances contribute to this pattern.

The lack of billionaires in Africa, despite the continent's abundant resources, reveals complex economic and political challenges that hinder wealth creation and accumulation.

The presence of a few younger billionaires suggests that new models of wealth creation and innovation are emerging, but the majority still inherit wealth.

The process of converting information into numerical digits, which has significantly impacted technology by making it cheaper, smaller, more powerful, and easier to use.

Technology that uses artificial intelligence (AI) to perform tasks, solve problems, and make decisions.

A device implanted in the brain that allows direct communication between the brain and computers.

The ability to scan an individual and retrieve their personal information, such as their name, age, and height.

The future of computers involves advanced capabilities, likely surpassing current limitations.