Multiple Choice
What is the primary reason that the intensifying economic crisis in Europe threatens to impact the decisions of global managers in the United States and throughout the world?
A) The massive debt in Greece has caused Europe to slide into a new recession.
B) New measures by the European Commission to oversee banks and to monitor national budgets have been met with resistance by euro zone members.
C) The euro zone is a larger economic unit than the United States or China and is a major source of world demand for goods and services.
D) The inability to trim benefits and free up labor markets prevents the region from spurring any significant growth over the next decade.
E) The European economic crisis induces more investment in the EU.
Correct Answer:

Verified
Correct Answer:
Verified
Q27: Managers with an ethnocentric attitude would not
Q35: Local laws do not present barriers to
Q91: Refer to the scenario below to answer
Q92: The WTO is a global organization that
Q95: Transnational organizations are also known as _.<br>A)
Q98: Bill Sanderson, a manager in a manufacturing
Q99: _ is a specific type of strategic
Q100: A potential advantage of the ethnocentric attitude
Q101: The primary reason for the creation of
Q127: Parochialism is the tendency to view the