The Result of the Shift of National to Global Markets

question 48

True/False

The result of the shift of national to global markets is the change from oligopolies to segments of fragmented, global industries in which competition threatens profitability and forces these companies to focus intently on qualities such as efficiency and customer responsiveness.

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Definitions:

Night

The period of darkness in each twenty-four hours; the time from sunset to sunrise.

Pop-Out Phenomenon

A psychological effect where an object stands out immediately within its environment due to its distinctive features.

Selective Attention

The focusing of conscious awareness on a particular stimulus, while ignoring other perceivable information.

Stimuli

Anything that induces a response or reaction from a biological organism.