The "Race to the Bottom" in Relation to the Global

question 7

Multiple Choice

The "race to the bottom" in relation to the global economy means that:

• A) retailers and manufacturers are competing to have the most appealing work conditions and benefits for the lowest-level employees
• B) retailers and manufacturers are making an effort to give the lowest-level workers more decision-making power
• C) retailers and manufacturers will go anywhere to find the lowest wages
• D) large retailers are racing to acquire all small firms with the goal of making small firms obsolete

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Definitions:

Dependable

Capable of being relied upon; showing reliability and consistency in actions and behavior.

Conscientious

Describing an individual who is diligent, careful, and thorough in their duties or work.

Extravert

A person who is outgoing and thrives in social situations, typically characterized by high levels of sociability and enthusiasm.

Critical Realist

A philosophical stance positing that reality exists independently of human thoughts and beliefs, but our understanding of it is always filtered through our social and personal lenses.