Define Globalization

question 68

Essay

Define globalization.Identify three effects of globalization and how these effects can either be positive or negative for local or national communities.

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Definitions:

Finished Goods

Finished goods awaiting sale and not yet delivered to end-users.

Work in Process Inventory

Represents the total cost of unfinished goods currently being manufactured.

Manufacturing Costs Assigned

Direct and indirect expenses attributed to the production of goods.

Job Cost Sheets

A document used to record and track the expenses associated with a specific job or project, aiding in the calculation of its total cost.