Which of the Following Statements About the Extent of Globalization

question 35

Multiple Choice

Which of the following statements about the extent of globalization is accurate?

• A) Global foreign direct investment reached roughly $200 billion in 2015.
• B) General Electric's total profits in 2015 were approximately the same as Great Britain's GDP at purchasing power parity.
• C) In 2015, nearly a quarter of a billion people moved across international borders.
• D) The number of MNCs actually shrank between 2003 and 2015 due to consolidation.

---

Definitions:

Escalating Commitment

The phenomenon where individuals or organizations continue to invest in a decision, action, or project despite evidence of its failing outcome.

Decision Makers

Individuals or groups responsible for making choices or judgments among various alternatives in the process of achieving a goal.

Rationalize

To attempt to explain or justify behavior or an attitude with logical reasons, even if these are not appropriate.

Authority Decisions

Decisions made by individuals or bodies within an organization who hold power or authority, often related to governance, policy, and strategic direction.