Thomas Friedman's Declaration That the World Was Now "Flat" Meant

question 59

Multiple Choice

Thomas Friedman's declaration that the world was now "flat" meant that

• A) the Internet has reduced the economic advantages of developed countries.
• B) globalization is starting to offer less advantage to large corporations.
• C) the global economy is increasingly commanded by fewer and larger corporations.
• D) global capitalism is homogenizing culture and business practices throughout the world.

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Definitions:

Social Cognitive Theory

A framework for understanding, predicting, and changing human behavior, emphasizing the role of observational learning, self-efficacy, and the social environment.

Self-Efficacy

An individual's belief in their own ability to succeed in specific situations or accomplish a task.

Feedback

Information provided about an individual's performance or behavior, intended to guide future improvements.

Kraiger

A reference to Kurt Kraiger, a psychologist known for his work on training effectiveness and evaluation.