Examlex

Solved

Which of the Following Is One of the Outcomes of the Restructuring

question 83

Multiple Choice

Which of the following is one of the outcomes of the restructuring, downsizing, and outsourcing resulting from globalization?


Definitions:

Necessity

An essential requirement or need for survival or to maintain a certain standard of living.

Luxury

Goods or services that are considered non-essential but desired for their quality, status, or comfort they provide.

Substitutes

Products or services that can replace or be used in place of another, offering consumers alternative choices.

Demand for Gasoline

The consumer's desire and ability to purchase gasoline at various price points.

Related Questions