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.

Distinguish between different statistical measures and their purposes in analyzing research data.

Understand the principles and applications of sampling in research.

Recognize the importance of hypothesis formation and testing in research methodology.

Understand the role and limitations of technology in facilitating research.

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Definitions:

Fixed Costs

Operating expenses that stay constant regardless of changes in the level of output or sales volume, like leases and salaries.

Asset Investment

The use of funds to purchase property, securities, or other assets to generate returns or achieve strategic goals.

Operating Assets

Assets used in the day-to-day operations of a business to generate revenue, excluding investment and idle assets.

Controllable Margin

A measure of profitability that represents the amount of income over which managers have control, usually after direct costs have been deducted from revenues.