3. Producer-driven commodity chains to buyer-driven, digitalization and global communications, and global system by financial elements and the emergence of the global financial firm are some of the fundamental innovations during industrial revolution. * O (1 Point) True False

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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3. Producer-driven commodity chains to buyer-driven, digitalization and global communications,
and global system by financial elements and the emergence of the global financial firm are some
of the fundamental innovations during industrial revolution. *
(1 Point)
True
False
4. Multinational companies are more complex organizations which have invested in foreign
operations, have a central corporate facility but give decision making, research and development
(R&D) and marketing powers to each individual foreign market. *
(1 Point)
True
False
5. Symbolic capital the increasing value and importance being placed on the branding created and
owned by global corporations. *
(1 Point)
True
False
Transcribed Image Text:3. Producer-driven commodity chains to buyer-driven, digitalization and global communications, and global system by financial elements and the emergence of the global financial firm are some of the fundamental innovations during industrial revolution. * (1 Point) True False 4. Multinational companies are more complex organizations which have invested in foreign operations, have a central corporate facility but give decision making, research and development (R&D) and marketing powers to each individual foreign market. * (1 Point) True False 5. Symbolic capital the increasing value and importance being placed on the branding created and owned by global corporations. * (1 Point) True False
7. International companies are importers and exporters, typically without investment outside of
their home country.
(1 Point)
True
False
8. State-owned corporations is the 'new face' of global corporate reality.
(1 Point)
True
False
9. Investment-based period is viewed as the progressive 'de-industrialization'. *
(1 Point)
True
False
Transcribed Image Text:7. International companies are importers and exporters, typically without investment outside of their home country. (1 Point) True False 8. State-owned corporations is the 'new face' of global corporate reality. (1 Point) True False 9. Investment-based period is viewed as the progressive 'de-industrialization'. * (1 Point) True False
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