Globalisation Was Created By

question 24

Multiple Choice

Globalisation was created by:

• A) technological advances which allowed goods and information to be moved around the world more rapidly and cheaply.
• B) extensive financial deregulation.
• C) the removal of, or reduction in, trade barriers such as tariffs and quotas.
• D) all of the above.

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Definitions:

Business Valuation

The process of determining the overall economic value of a business entity, considering factors such as market conditions, assets, liabilities, and earning potential.

Industry

The categorized group of companies that are involved in the production of goods or delivery of services in a specified sector of the economy.

Word-of-Mouth

The informal exchange of information between individuals about the merits of products, services, or events.

Formal Channels

These are officially established and structured paths for communication or information flow within an organization.