An Effect of Globalization Is It

question 24

Multiple Choice

An effect of globalization is it

• A)increases similarities between members of nations.
• B)prevents the economic systems of different countries from merging with each other.
• C)decreases the interconnectedness of the world's markets and businesses.
• D)decreases organizational efficiency and effectiveness.
• E)hinders the flow of financial and resource capital between countries.

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Definitions:

Units

A basic measure or quantity of a product, service, or resource, often used in manufacturing, inventory, and accounting.

Contribution Margin Ratio

The percentage of each sales dollar that remains after variable costs are subtracted, contributing to fixed costs and profit.

Fixed Monthly Expenses

Costs that do not vary in total within a reasonably short time frame, such as rent, salaries, and insurance premiums, paid on a monthly basis.

Net Operating Income

A measure of a company's profitability, calculated by subtracting operating expenses from operating income.