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Which Theorist Thinks Globalization Largely Entails Managing the Risk from a Runaway

question 33

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Which theorist thinks globalization largely entails managing the risk from a runaway world?


Definitions:

Operating

The day-to-day activities or functions necessary for a business or organization to run effectively and efficiently.

Competitive Market

A market structure characterized by many buyers and sellers, free entry and exit, and a product for which there are many substitutes.

Profit

The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Good

A tangible product or commodity that satisfies human wants or needs.

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