Which Statement Describes Globalization at the End of the Twentieth

question 29

Multiple Choice

Which statement describes globalization at the end of the twentieth century?

• A) It was facilitated by new communications technology that linked almost all parts of the world.
• B) It had become more political than economic.
• C) It had become a way to limit the impact of economic disaster in any one area of the globe.
• D) It only connected countries in the West to one another.

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Definitions:

Quick Ratio

A liquidity indicator that measures a company's ability to cover its short-term obligations with its most liquid assets, excluding inventories.

Accounts Receivable

Accounts Receivable refers to the money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Accounts Payable

Short-term liabilities of a company for goods and services received from others but not yet paid for.

Du Pont Identity

A framework for analyzing a company's return on equity (ROE) by breaking it into three key components: profit margin, asset turnover, and financial leverage.