Which of the Following Is Not a Force Favouring Globalization

question 54

Multiple Choice

Which of the following is not a force favouring globalization of businesses?

• A) Profitability of foreign markets
• B) German is becoming a more widely spoken language for business
• C) Uniformity in technical standards
• D) Globalization of capital market

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Definitions:

Tolerance for Risk

is the degree to which an individual, investor, or organization is willing to endure uncertainty and potential losses in pursuit of potential gains.

Total Payments

The sum amount of money transferred from one party to another, often referring to the complete payables in transactions, loans, or settlements.

Entrepreneur

An individual who starts and runs a business, assuming the risks and rewards associated with the venture, often innovating and driving economic growth.

Highly Valued Uses

These are applications or purposes for which a resource, product, or service is considered particularly beneficial or desirable, attracting higher willingness to pay.