Which Statement Best Describes Trends in Globalization of Markets

question 59

Multiple Choice

Which statement best describes trends in globalization of markets?

• A)Although market borders are blurring, it is still easy to determine the nationality of companies.
• B)Unable to increase markets at home, companies are looking to expand their markets to other places in the world.
• C)Doing business beyond borders is still extremely rare.
• D)Because the North America dominates the world economy, Canadian companies have no need to adapt to other cultures.

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Definitions:

Loss of Work Time

The time during which employees are not productive due to various factors such as illness, breaks, or inefficiencies.

Cost Per Minute

The expense associated with each minute of operation or service provision, used for budgeting and pricing.

Rules for Debate

Established guidelines that govern the conduct of a debate, ensuring a fair and orderly exchange of ideas.

Announcing Adjournment

The official statement that marks the end of a meeting or session.