The Lowering of Barriers of Distance and Culture Affecting Global

question 13

Multiple Choice

The lowering of barriers of distance and culture affecting global organizations has been caused in part by the

• A)imposition of government-enforced tariffs on imports.
• B)advancements of communication and transportation technology.
• C)rejection of the free-trade doctrine.
• D)imposition of government-enforced tariffs on exports.
• E)restrictions placed on the flow of capital between nations.

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Definitions:

Selling Assets

The act of disposing of physical or intangible property owned by a company for cash or other considerations.

Revenues

The cumulative revenue derived from selling goods or offering services that are central to the business's main activities.

Net Income

The profit a company holds onto after removing expenses and taxes from its earned revenue.

Operating Revenues

Income earned from a company's main business activities or operations, excluding non-operating revenue like interest or sale of assets.