According to the Text,what Is the Difference Between Globalization and Globality

question 31

Multiple Choice

According to the text,what is the difference between globalization and globality?

• A) Globalization is a process while globality is a condition.
• B) Globalization is a condition while globality is a process.
• C) Globalization is historical while globality is current.
• D) Globalization is current while globality is historical.

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Definitions:

Additional Costs

Are extra costs that may not have been initially accounted for or that occur beyond the expected costs of production or operations.

Additional Benefits

The perks or supplementary advantages that come in addition to the primary benefits of a product, service, or policy.

Marginal Analysis

Marginal Analysis is an examination of the additional benefits of an activity compared to the additional costs incurred by that same activity.

Relevant Costs

Only those costs that will be affected by a decision or action and therefore should be considered in decision-making.