Asked by Sandra Mason on Apr 28, 2024
Verified
Megacorporations are controlled by outside market forces exclusively.
Megacorporations
Large, powerful companies that wield significant economic, political, and social influence, often operating on a global scale.
Market Forces
The economic factors affecting the price, demand, and supply of goods and services in a free market.
- Recognize the role of technology in shaping modern societies and the challenges of technological advancements.
Verified Answer
GD
Garrett DaehneApr 30, 2024
Final Answer :
False
Explanation :
Megacorporations are controlled by both internal management decisions and outside market forces. While market forces such as competition and consumer demand do play a significant role in shaping a corporation's strategy and operations, internal decisions made by top-level management and the board of directors also have a significant impact on a corporation's direction and success.
Learning Objectives
- Recognize the role of technology in shaping modern societies and the challenges of technological advancements.
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