In Terms of International Business, Market Globalization Can Be Viewed

question 57

Multiple Choice

In terms of international business, market globalization can be viewed as a ________.

• A) consequence of a strong emphasis on traditional values worldwide
• B) consequence of the loss of national sovereignty
• C) driver and consequence of firm-level internationalization
• D) prime cause of rising diseconomies of scale in emerging economies

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Definitions:

Resonance Structures

Different Lewis structures for the same molecule that depict different possible arrangements of electrons.

AntiAromatic

Refers to organic compounds that are cyclic, conjugated, contain a planar ring system, but do not follow Huckel's rule, resulting in increased instability.

Pyrrole

A heterocyclic aromatic organic compound, a five-membered ring with the formula C4H5N, containing a nitrogen atom.

π Network

A conjugated system in organic chemistry characterized by alternating single and multiple bonds that allow for delocalization of π electrons over multiple atoms.