The Fourth Phase of Globalization ________

question 9

Multiple Choice

The fourth phase of globalization ________.

• A) is characterized by the rise of electricity and steel production
• B) is characterized by the rise of MNEs from Japan
• C) witnessed the Bretton Woods Conference of twenty-three nations in 1947 that led to the General Agreement on Tariffs and Trade
• D) facilitated the globalization of the service sector in such areas as banking and retailing

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Definitions:

Employee Recruitment

The process of attracting, selecting, and appointing suitable candidates for jobs within an organization.

Retention

The ability to keep or hold something, such as retaining employees within a company.

Psychologically Healthy

Pertaining to a state of mental well-being where an individual realizes their own abilities, can cope with normal stresses, work productively, and contribute to their community.

Workplace

A location or environment where people are employed and perform tasks or duties for a business or organization.