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In a class discussion about the homogenizing effects of globalization, Freja points out that even in multinational chain stores and restaurants there are locally influenced differences in products and services. What concept is she supporting?
Portfolio
An assortment of financial assets including stocks, bonds, commodities, cash, and equivalents, as well as mutual funds and exchange-traded funds (ETFs).
Standard Deviation
A statistical measure that quantifies the variation or dispersion of a set of data points.
Fire Insurance
A type of insurance policy that covers damage and losses caused by fire.
Rule Of 70
A simple way to estimate the number of years it takes for an amount to double, by dividing the number 70 by the annual growth rate percentage.
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