The Result of _______ Is Coordination,communication and Decision-Making Functions Being

question 19

Multiple Choice

The result of _______ is coordination,communication and decision-making functions being accomplished quickly and easily,making traditional organizational structures look slow,inefficient and noncompetitive.

• A) Globalization
• B) The Internet
• C) The outsourcing of product design
• D) The divisional organizational structure

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Definitions:

Eurodollar

U.S. dollar-denominated deposits at foreign banks or foreign branches of American banks, used widely in international lending and financing.

LIBOR

The London Interbank Offered Rate, a benchmark interest rate at which major global banks lend to one another.

Money Markets

Financial markets for short-term borrowing and lending, typically dealing with assets that mature in less than one year.

Trillions

A numerical value representing one thousand billion, or 10^12, used in the context of large sums, such as government budgets or the global economy.