Which of the Following Is a Good Definition of Globalization

question 34

Multiple Choice

Which of the following is a good definition of globalization?

• A) the tendency to a worldwide reach, impact, or connectedness of social phenomena
• B) the widening, deepening, and speeding up of worldwide interconnectedness in all aspects of modern social life
• C) both of these
• D) neither of these

---

Definitions:

Reverse Stock Split

A corporate action that reduces the number of a company's outstanding shares and increases the share price proportionately.

Shares Outstanding

The cumulative amount of shares of a company presently held by all shareholders, encompassing large quantities owned by institutional investors and private shares held by company insiders.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer, which may not reflect its market value.

Stock Split

A corporate action to increase the number of shares outstanding by issuing more shares to current shareholders, often to make the stock more affordable to investors.