According to Transformationalists,globalization Is a Dynamic and Open Process That

question 76

Multiple Choice

According to transformationalists,globalization is a dynamic and open process that is subject to influence and change.Which attribute is associated with this view?

• A) Globalization is a decentered and self-aware process characterized by links and cultural flows that work in a multidimensional way.
• B) Globalization is a one-way flow of images,information,and influences.
• C) We live in a state-centric world;governments must adopt a more active,inward-looking stance because of the process of globalization.
• D) Information takes longer to travel across space and time.

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Definitions:

Contribution Margin

The amount by which the sales revenue of a product exceeds its variable costs, indicating how much contributes to covering its fixed costs and generating profit.

Variable Cost

Costs that change in proportion to the good or service that a business produces, varying depending on production volumes.

Fixed Costs

Fixed costs refer to expenses that do not change with the level of goods or services produced by the business within a certain range of activity or over a certain period.

Sensitivity Analysis

A technique used to determine how different values of an independent variable will impact a particular dependent variable under a given set of assumptions.