Unlike a Focused Factory, an Unfocused Factory Is Characterized By

question 24

Multiple Choice

Unlike a focused factory, an unfocused factory is characterized by:

• A) a few key products.
• B) particular market segments.
• C) identical people skills.
• D) dissimilar product lines.

Understand the multifaceted dimensions of globalization (cultural, economic, political, institutional).

Identify different economic theories related to globalization (e.g., neoliberalism, capitalism).

Recognize cultural heterogeneity and the concept of cultural hybrids in the context of globalization.

Analyze globalization in terms of risk and its impact on the world (e.g., runaway world, managing risks).

---

Definitions:

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, making them partial owners of the company.

Legal Persons

Entities, such as corporations or governmental bodies, that are recognized by law as having rights and responsibilities similar to natural persons.

Corporate Power

The legal authority and inherent capacities that a corporation possesses to conduct business, enter into contracts, and own assets.

Board of Directors

A group of individuals elected to represent shareholders and make decisions on major company issues, including strategy, governance, and overall direction.