As a Result of Globalization, International Businesses Can Avoid the Haggle

question 18

True/False

As a result of globalization, international businesses can avoid the haggle of currency exchanges during cross-border transactions.

---

Definitions:

Values Formation

The process through which individuals develop their set of personal principles, morals, and ideals, often influenced by their surroundings, experiences, and education.

Modeling

The act of demonstrating a behavior, attitude, or skill with the intent that others will observe and learn to emulate it.

Corporate Crime

Illegal acts committed by a company or its employees that are intended to enhance the company’s performance or profits.

Corporate Ethics

Principles and standards that guide behavior in the world of business, ensuring fairness, transparency, and integrity in all operations.