Rico,a Student at a University in the United States,uses Email

question 16

Multiple Choice

Rico,a student at a university in the United States,uses email and video-conferencing software to discuss his research project with his professor who is attending a conference in England.The ability to have these real-time conversations as if they were in the same room is an example of

• A) time-space compression.
• B) transnational economic development.
• C) the spread of Western culture.
• D) decreasing levels of globalization.

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Definitions:

Driving Forces

Key factors or influences that contribute to the acceleration or direction of change within an organization or market.

Balancing

The process of maintaining equilibrium or stability within operations, finances, or strategies of an organization.

Entrepreneurial Process

The sequence of steps an entrepreneur follows from conceptualizing a business idea to launching and growing a new business.

Opportunity

A set of circumstances that makes it possible to do something, especially to start a new business or launch a new product.