The Term "The World Is Flat," Coined by Thomas Friedman,means

question 30

Short Answer

The term "The world is flat," coined by Thomas Friedman,means that a variety of forces leveled the playing field of ____________________ around the globe and,as such,significant economic opportunities opened up for countries such as China and India.

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Definitions:

Management's Expectations

The forecasts or outlooks on future business performance, operational results, or financial conditions as projected by a company's management.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of maximization of shareholder wealth.

Capital Markets

Financial markets for buying and selling equity and debt instruments, which channel savings and investment between suppliers of capital and users of capital.

Large Sums

Large sums typically refer to a significantly high amount of money in various financial contexts, including investments, transactions, or savings.